Hindware has formed a double bottom pattern at a very strong support trendline and has given breakout of the neckline. If Q4 results are better then expected, we can see a good trending bullish move in the stock. Keep in watchlist. A relatively Safe trade as big targets can be expected.
BSE:HINDWAREAP is showing multi-timeframe breakout. In daily chart it's a cup and handle pattern with volume and momentum In hourly chart it's a rounding bottom patten. Trade: BUY above 422, SL: 418, T: 425/428 SELL below 420, SL: 424, T: 417/414
I AM NOT SEBI registered advisor please consult financial advisor for your investment. This is only for educational purpose you can also share your thoughts on the comments \\Representation: **Green dashed line--Supportive line **Red dashed line--Resistance line **Red dotted line--hidden resistance line **Black up and down arrow--touches of support...