Indian hume pipe is a small cap pipeline manufacturing company.
Stock has formed a beautiful W pattern and is already consolidating above its neckline in monthly time frame.
A breakout above 300 will open 2x target potential for stock.
Keep in watchlist. Blasting move can be seen.
NSE:INDIANHUME
cmp 297
breakout happened today at 275 zone
let's ride the trend
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to...
Stock rallying and made a successful POLE & Flag BO and expected to double from this point (299). TARGETS: 415-505-581-610
NOTE: I'm not a SEBI REG. Study before investing.
BUY - INDIAN HUME PIPE COMPANY
CMP - Rs. 198
Target - 1: Rs. 290
Target - 2: Rs. 367
Target - 3: Rs. 450
.
.
Technicals - Trendline BO
.
NOTE: Target - 1 will be achieved within 6 months, Target - 2 within 1 year, and Target - 3 within 2-2.5 years.
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
Stock Name - Indian Hume Pipe Company Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 282
#This is not Buy and Sell recommendation to any one. This is...
Stock Name - Indian Hume Pipe Company Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 280
#This is not Buy and Sell recommendation to any one. This is...
