HATHWAY trade ideas
Buy Hathway at 18.50 Sl of 12.50 Tgt 35.7 – 45 – 49 - 58.Technical :
Channel Breakout with good vol
*Waiting for MA Crossover. on daily chart.
Fundamentals :
Mutual Funds Increased Shareholding in Past Month
Company with high TTM EPS Growth
Annual Profit Growth higher than Sector Profit Growth
Growth in Net Profit with increasing Profit Margin (QoQ)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Company with Low Debt
Increasing Revenue every quarter for the past 2 quarters
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
MFs increased their shareholding last quarter
HATHWAY reversing from supportHATHWAY reversing from support and hourly resistance line BO
yesterdays good green close with good volume
Must add in your watchlist Media stocks must in your watchlist
Huge volume in last few months
Can see good movement in upcoming month before election
Near breakout zone
Hathway Cable and Datacom Ltd. @ 20.83Sector: Cable & D2H
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
Promoters holding remains unchanged at 75.00% in Jun 2024 qtr
52 Week High 27.95
52 Week Low 14.60
All Time High 76.40
All Time Low 10.50
Book Value Per Share 23.31
Dividend Yield: --
Sector PE 35.14
Face Value 2
Beta 1.20
Mkt Cap (Rs. Cr.) 3,687
Support: 8
Upside can be: 42, 58-70, 87-94, 134-142, 150
NOTE: Not a BUY or SELL SIGNAL.
All updates are only for the educational and knowledge purpose.
Hathway - Inverse/Reverse Head and ShoulderCMP - 23
TGT - 42
⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️
Description:
Reverse head and shoulders chart pattern is a bullish chart which signals a potential reversal of a downtrend. It is the opposite of the head and shoulders chart pattern (which is a bearish formation)
The reverse head and shoulders chart pattern consists of three (3) troughs (u-like chart formation):
1) The first is identified as Left Shoulder
2) The second and deepest is called Head
3) The Third is called Right Shoulder
4) Neckline is the zone where the price has hit a resistance and corrected multiple times (as seen in the chart)
Target Measurement: Draw price range from the lowest point of the Head to the Neckline and place it at the neckline. (the points measured in the depth is target from the neckline)
HATHWAY - Weekly AnalysisIn the Weekly Chart of HATHWAY ,
we can see that, it is at decision making point of Inverted Head & Shoulder breakout.
possible momentums are shown in chart.
hathway cable long term chart Hathway cable long-term chart
Wolfe wave pattern
nifty media just breakout seen
looks good on a chart
Media sector breakout stock Buy Hathway Cable Above 24
SL 20 (4Rs)
Target 1: 28
Target 2: 32
Target 3: 36
Duration 6month to 1 year
Trade as per your risk rewards
Hathway CablesHathway cable is moving Northward direction
20DMA crossing 50 DMA
My opinion - it can touch 25-26 in short term
50-52 in Long term
Fundamental - Jio(reliance stake at 51%)
Hathway cables - Slow and study- Making higher high🚀 Brakeout Trade
📈 Technically & fundamental become strong in this Stock
✅ Expecting Good returns(50%) in forthcoming months
✅ Volumes increased in recent days
✅ Short term trader do not enter. It's for mid term Trade atleast 4-6month
Volume Breakout + Double Digit Stock - HATHWAY📊 Script: HATHWAY
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages crossover soon.
📈 Volume is increasing along with price which indicates volume breakout
📈 Right now RSI is around 70..
📈 One can go for Positional Trade.
⏱️ C.M.P 📑💰- 26
🟢 Target 🎯🏆 - 36
⚠️ Stoploss ☠️🚫 - 21
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
HATHWAY CABLEmedia as a sector gave breakout.
some media stocks looks good like hathway cable, den networks.
hathway cable made rounding bottom
cmp 22
sl 16.50
tgt 30,41
Media sector is looking bullishMedia sector is bullish, hathway was consolidating for so long in lower levels , now it can again all time high, rsi bullish, volume high, above crucial ema
Double Top - Hathway Double Top is formed in 4 Hours chart, if price break neckline, target would be 18 Rs.
Strong Breakout pattern formation after a long consolidationHATHWAY : Following point to be noted :
>Forming a cup and handle pattern not only in daily chart but also in weekly chart after a long consolidation.
>Resistance @20.90 and support @19.85 are very strong points.
>Need to wait for positive breakout above @22 with high volume.
Hathway Cable Price Action Analysis A reliance owned Stock is trading near to BO zone, any movement with good volume will boost the stock to higher levels, follow chart for proper support and resistance levels.
Bullish trend startingDecent breakout with volumes after long downtrend
First HH formation and expecting good returns for swing trading
HATHWAY: 1 Year Cup BreakoutHATHWAY has broken out of a 1 Year Cup pattern. The resistance is lasting for over a year and it has tried to break it in previous 2 other cup patterns but failed. Breakout this time has good volumes and High RSI. Coming on a day of very weak market, it is outshining. But has to stay above this breakout level to sustain move.
