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HSCL

HSCL - Good accumulation is going on - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:HSCLLong
by TradewithAditya
HSCL Cup and Handle formation about to break out.HSCL has been consolidating since the last 2 years in the range of Rs 40 to 63. It seems to have formed a Cup and Handle pattern which will break out above Rs 63. The actual rally will start after breaking the rectangular channel resistance at 63 and will then reach to the above mentioned long term targets . The technical indicators seem to have bottomed out on monthly time frame and have turned bullish on daily and weekly time frames. This is totally an EV (Electric Vehicles) play before the current budget is presented. This chart is only for information purposes and it is not an investment advice.
BSE:HSCLLong
by NayibSayilor
Himadri Speciality - Increased Volume on Daily ChartHimadri Speciality - Increased Volume on Daily Chart, crossed important huddle of 49.9 next huddle 54.5 Entry - above 54.5 (Can enter now to reduce Stop loss also but slightly risky) Stop loss- 41.5 (Trail Stop 49.9 after 54.5 is crossed and sustained) Trgt1 - 81 Trgt2 - 114 Duration - 1 year All numbers are weekly based Bussiness model : Co manufactures a wide range of carbon materials and chemicals. Its products include coal tar pitch, carbon black, specialty carbon black (SCB) Naphthalene, Advanced carbon material, SNF (Sulphonated Naphthalene Formaldehyde) and specialty oils. They are planning to expand production of Lithium Titanate Oxide which will be used for electric vehicle Batteries. It has transformed its portfolio from low value products to high valued products over the years for higher margins. Mar 2020 and Jun 2020 has been bad Quarters for this Co due to Covid expect this Co has been performing consistently well. Promoter holds 45.43% slightly below average. Debt 596 crs can be cleared with 2 years profit, however Company is looking for expansion so Debt clearing won't happen soon. Co is profitable from last 4 years since sales growing at good speed Cashflow decent from last 6-7 years Technically accumulation has happened on monthly charts from last 4 months and stock is ready to breakout from its Cup and Handle pattern Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
NSE:HSCLLong
by SagirKazi