HITECHGEARS is ready to GO🚀There is a one more stock Which is showing a great opportunity and forming, stock is near Resistance and ready to go if see a good breakout with good volume. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Hitechgears
HITECHGEAR - keep an eye out for BO above 510NSE:HITECHGEAR
cmp 450
watchout for BO above 510. it will head for ATH and beyond
gave BO for the first time on June 23 at 295. It achieved a high of 427 giving gains of 44%
then gave BO for the second time on Nov 23 at 420 and made high of 518.80 giving 23% gains
Watch for BO above 510 going forward, as this will take it to the ATH and beyond
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Ready to blast!💣Stock of the week award goes to Hi-tech gears!🚀
Symmetrical triangle and inverse head and shoulder breakout with volume bar in the stock. I think it is ready to blast!🔥
CMP: 321
Good Range: 275 to 320
Targets: 365, 390, 490, 570
SL: 250 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
YR 2022 Idea #149: Long on HITECHGEARThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
FY21-22 Swing Trade Idea #56: Long on HITECHGEARThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
The Hi-Tech GearsBullish pattern with 3 falling wedges followed by symmetrical triangle which gave a breakout. The target is 520 levels. Once 520 is achieved a rounded bottom pattern would be formed. Post that we have to wait for the charts to break the neck, for further upside.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.