Hindware - Keep On WatchCMP 200 on 22.04.25
The stock price has dropped more than 60% since August 2023. This time, it has been consolidating in a narrow range for the last two months.
If it gives a move upside after this consolidation, we may see the price of 245,345 or even more.
One should buy wisely in the range of 200-180, keeping the stop loss levels in mind. If it sustains below 175, the setup will show weakness.
Keep the position size according to the risk management.
All these illustrations are only for learning and sharing purposes, not a buy or sell recommendation in any way. It is only for paper trading.
All the best.
