HISARMETAL LIKE TO SHINE LIKE GOLD HISARMETAL likely to shine in your portfolio if 165 respected . if respected then 225 is not far one can enter with sl - 122 and target .......200/225/258
HISARMETAL
HISAR METAL INDUSTRIES - DAY CHART - 22.01.23 - BAHAVAN CAPITALHISAR METAL INDUSTRIES as per day chart analysis
Stock ABOVE 193 TARGET 200
Happy Profitable Trading to All..
HISARMETAL
CMP: 138
- Gap up and follow through was seen in first 30min
- Then low volume pullback below open price
Hisar Metal Industries LtdTriangle breakout and bullish MACD crossover in Hisar Metal Industries Ltd
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.
HisarMetal - Good Technically and fundamentalyCup and handle pattern
buy above 147 for a target of 160 and above .
#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.
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With 💚 from Rachit Sethia
