#HONDAPOWER trading above Resistance of 3419 Next Resistance is at 4448 Support is at 2390 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
Buy Honda Power Closing Price - 1398.35 Best Buy - 1165-1235 SL - 1100 (Weekly Closing Basis) Target - 1750/2000
Honda India Power- Trendline Breakout Daily Time Frame. Only Education Purpose..
As of now we can see that the stock was trading between tight range and today it gave breakout .....and it was near to upper circuit... it was trading above its 200 EMA and holding it, if tommorow it gave closing above 1570...then definetly we will achive our all targets in 2-3 days .. Good Buying Happend ....with strong green candle sharpe move MARUBOZU...