Heranba Industries Limited
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What traders are saying
HERANBA can rise from current levels?HERANBA has given a break out from the Inverted Head and Shoulder pattern after being in a downtrend for almost three months. It can reach the 740 and 770 levels if the pattern succeeds.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading
HERANBA is a buy on dips chartThis is one of my favorite patterns. High reward with low risk. Heranba is in an minor accumulation phase now. I have marked an yellow box, which is an important demand range. If price falls near the yellow box that is a must buy for me.
My targets are 900,950,1000. I will exit if the price closes below the yellow box.
I have already bought some quantity today : ) Lets see how it pans out
I'm not SEBI registered. This analysis is purely for educational purpose. I am not responsible for your profit or loss.
Thank you
Pinnacle Trades.
Long in HERANBAThis scrip is in an uptrend for a while and it is trading between the wedge pattern, now it had bounced back from the support so i expect this price to reach the channel's resistance in next few weeks. Swing traders may consider to long this scrip with SL just below the support and may add more quantities after the breakout from the monthly Fibonacci Pivot.
Heranba Ind - Textbook VCP Pattern (High probability setup)MCap ~ 3200 Cr., D/E ~ 0.02
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Heranba Industries Ltd - VCP & Base formation from IPO lowsHeranba Industries Ltd had formed good base from IPO lows.
VCP / C&H pattern indicates good accumulation by institutional players, & weak hands moving out of stock.
Had earlier formed a low cheat entry near 740 levels.
Stock is near Pivot point levels of 823 levels. Good move expected on close ab 823 levels on weekly basis.
Stock can be a potential Multibagger from current levels.






















