HERANBA trade ideas
Heranba Ind - 5mth Rectangle breakoutThe stock is showing good strength when the markets are declining. It has formed a good base of 15 odd weeks, and now with volumes expanding it is ready to move higher.
Mcap ~ 3200 Cr
D/E ~ 0.02 Cr
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)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better.
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.
Triangle pattern breakout in HeranbaLooking bullish as triangle pattern breakout is given on triangle pattern and also sustaining above pivot point R1 in 1 day time frame.
Short Term pick up ✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all.
watch for cup and handle breakoutbuy above 825
can buy for swing and Intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
HERANBAHERANBA: Looking Good
Symmetrical Triangle Pattern Breakout
Cup & Handle Pattern Breakout
Stop-loss & Targets will be in our Video...
HERANBA Stock is comfortably staying at 715 support with a breakout of hourly trendline could initiate long for 2.21 Risk Reward.
Stop Loss below the support at 705
Breakout StockToday gave breakout with +5.79% forming a thick green candle.
Closed above one of the major short term resistance.
Volume not that good but ok. Above average.
Let's see how it move further.
This post is for education purpose only.
heranba potential 15% returns buy HERANBA cmp 704
1. BASED ON SYMMETRICAL TRIANGLE PATTERN
2. AT LOWER TRENDLINE SUPPORT 684
3. BUY TILL 684 WITH STOP LOSS 666 ON CLOSING BASIS
4. TARGETS 747/822/888/944+
5. TIME FRAME SHORT TERM (2 - 3 MONTHS)
Heranba Priceaction analysis As per chart there are most chances for this script to rise from the support level
Short term target will be 800+
Only for education purpose
Heranba : Near Weekly BreakoutHeranba Bottomed out.
Volatility contracting from left to right.
Buy range: 745 to 5% from trendline breakout
SL: 8% Max
Target: 30%
longcup and handle formation in heranba @ 745,
go long if sustain above 745
target would be :763, 803, 836,880
stop loss would be 718
