HONASA CONSUMER (1W TF) - Swing Trade Analysis given on 22nd June, 2024 Pattern: SYMMETRICAL TRIANGLE BREAKOUT - Weekly Resistance Breakout - Done ✓ - Weekly Volume Buildup at Resistance - Done ✓ - Weekly Trendline Zone Retest with Pullback - Done ✓ - Demand Zone Consolidation - In Progress * Disclaimer
Date : 8-May-2024 Rating : Buy - Positional Trade LTP : Rs. 430.45 Targets: (1) Rs. 475 --> (2) Rs. 511 --> (3) Rs. 605 SL : Rs. 390 on daily close basis Technical View: • NSE:HONASA is in its primary uptrend since it's listing in Nov-2023 and was recently going through it's secondary downtrend. • After touching the high of 511 on 23-Jan-2024, it has...
Honasa Consumer hits new peak, zooms 20% post strong Q2 earnings The stock price of Honasa has zoomed 65 per cent from Rs 256.10 touched on November 10, in intra-day trade on the BSE. Shares of Honasa Consumer hit a new high at Rs 422.50, as they zoomed 20 per cent on the BSE in Friday’s intra-day trade after the company reported a strong 93 per cent year-on-year...