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HISARMETAL

High Probability of Strong Momentum FurtherThis is 1D timeframe. This stock took yesterday a very strong support at very big trendline( 1+ yr on daily TF). Yesterday's wick is very big and it indicates that it wouldn't go down that easily. Sellers tried but cannot take it down. Today it shows hugh momentum and moved +20% up. I tried to find but I can't find any important news as such that it took it up this high. Here I comes to know that it is totally on technically based rally. Today's candle is very bullish and thick. If it gives breakout tomorrow or in coming days, there's a chance that we may again witness same strong momentum in future. This post is for information purpose only. Just shared cause I like to share my analysis. I'm not a pro trader.
NSE:HISARMETALLong
by AkshayAdak
#JSL Cmp100.90 #target 121(20%+) #BANKNIFTY #INFY #TCS #RELIANCE#JSL NSE: JSL Long Term Investment CMP 100.90 Target : 121 SL : 91 Timeframe < 60 Days Can hold for longer time Factors: Rounding Bottom Pattern Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:JSLLong
by Rachit_Sethia
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