Buy HIMATSINGKAAccording to chart anylasis its trade in parallel channel so that is the perfect for swing trade buy.
Buy swing 195 or @CMP
Target : 215, 225 ++
HIMATSEIDE trade ideas
Mild bearish divergence in Himatsinghka SeideThere are signs of a weak bearish divergence in HIMATSEIDE.
The prices are making higher highs but in the last 2 peaks RSI has formed almost the same highs.
The down side may not be much but I have put in 3 support levels.
S1 - 177.45
S2 - 167.7
S3 - 159.8
NOTE:
1. I have marked a similar divergence that has happened in the recent past for your reference.
2. I checked the RSI at a lower timeframe (4h) and the divergence seem to go away but I am sticking to the daily tf for my analysis
HIMATSEIDEWeekly Chart Analysis :
~165 level was once resistance now acting as support. Watchout for Inverted H & S and, Triangle Pattern Breakout.
In recent weeks, formed good bullish candles. Good stock to add in your Investment portfolio.
Swing and Intraday ideasThe stock looks good above 185 for intraday and 190 for swing target of 197 and 210
Himatseide - 6 month weekly closing highHimatseide has been range bound for almost 6 months with the weekly upside capped at 160-163. The stock has managed to breakout of this range for the first time this Friday with very high volumes. The stock has also given its highest weekly closing since June 2019.
There is similar congestion in the monthly chart with the stock not being able to cross 160 on a monthly basis for many months now. Looking at the chart, we can assume that a monthly breakout is on the cards and the current upmove will continue.
Targets : 195 (200 week SMA level) and 222 (support and later resistance in 2019) are short term targets. Weekly close above 220 will take the stock much higher.
Stop Loss: Longs can be held with a WCB stop loss of 155
One can go long in Himatseide at CMP and add on declines to 160. Consider it to be a mid to long term trade/investment.
range breakout GREEN LINE WILL WORK AS SUPPORT AND RED LINE WILL AS RESISTANCE IF PRICE GO ABOVE RED LINE, IN THAT CASE, RED LINE WILL ACT SUPPORT
Himatsingka is ready to give breakout above 162 levelHimatsingka is ready to give breakout above 162 level
HIMATSINGKA SEIDE waiting for a move long term target 269 himatsingka seide, accumulating for an immediate trgt of 20 % = 174, and long term trgt of 70% = 269....
Himatsingka Seide LimitedHimatsingka Seide Limited looking good on chart for positional view . expecting 175,225 positionally cmp 141.4 below 110 view change
Head and ShoulderStock has formed head and shoulder pattern in weekly chart
Expecting up to 180/220/250
Stop Loss can kept 115 below weekly closing basis
watch for resistance breakoutStrong closing can buy above 160
currently at resistance zone.
invest less.
BUY For short term This sahre is crossed above 50 ema in weekly chart and good volume hear .After a long time consolidated moved up
147 -148 and also 2% deep this share buy for short term
next target is 165 +++++
Closing basis stop loss is 129
up trend in daily and weekly time frame.
