HSCL
Himadri Specility Chem (HSCL) - MIBHimadri Speciality Chemicals
06 Jan 2021
CMP 47.7
Buy above 48.5
SL 42.5
TGT 51 / 57 / 62+
December Monthly candle was an inside bar.
Current bar faces resistance exactly at high of November Master candle.
Double Bottom completed.
RSI bullish.
More than ordinary and rising volume.
Himadri Specialty Chemicals: Consolidation & BreakoutPrice has been coiling in a narrow range near a key resistance area. There was a breakout yesterday and follow through today. If we manage to close near the days high today (July 20, 2017) then it will strengthen the case for a breakout. Am long this stock. Keep this in watchlist.