HMVL
Long Hindustan Media Ventures (HMVL)Hindustan Media Ventures
NSE:HMVL
Cmp - 88
Stop - 70 on DCB
Expectation -
T1 - 150
T2 - 300, Review at 150
Expected Holding Period - 120 trading days or earlier for T1
View:- Positional/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
#HMVL CMP103.90 #TARGET 197 #RELIANCE #INFY #HDFC#KOTAKBANK #ITC#HMVL
NSE: HMVL
Short Term Quick Profit
CMP 103.90
Target 157.90
SL : 78.05
Timeframe < 60 Days
Can hold for longer time
Factors:
BULLISH WEDGE BREAKOUT
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.
HMVL GOOD VOLUME BREAKOUTIN HMVL WE HAVE SEEN HUGE VOLUME BREAKOUT
RSI<80
EMA 50 SHOWS BULLISH
TARGETS ARE 99,120+
STOPLOSS BELOW DAILY CANDLE ON CLOSING BASIS
HMVL - CMP: 76The stock has given Rounding Bottom a breakout with good delivery volume. All oscillators are in bullish bios. It is likely to give a target of 88 in the near term.
HMVL:Short and mid term bullishIt loosing the grip from bearish side. Indicators are showing positive signals. It may go further upside on upcoming weeks/Months.
Vijayaraghavan.K,
Kovilpatti.
