Date : 21-04-2024 Buy HindMotors above 25 Target of 28-30-32-39-45-48 SL 18 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few Weeks Please consult your financial advisor before investing All research for educational purposes only. Stock is ready to cross past barriers with good volumes
Reason - Volume increasing, price also creating higher high 10% target 10% sl 18.90 above sustain 1d candle then I'll enter.
This penny stock whose car brand 'Ambassador' was a household name and went all most to the ashes. There is no revenue but on long term basis the charts are showing strong positive momentum. Mind you there is no fundamental reason for this stock to be moving up but it is. No sane investor will touch it just based on some rumors that they are getting into EV...
Hindustasn motors formed day candle double bottom for swing trading
Purely technical Volume supports the price hike Duration 1year risky stock as it is penny small cap stock SL Compulsory
hindustan motors, is near trend line breakout, initiate trade after close above 7.15, for a first trgt of 7.9= 13%, and after retest ride for a trgt of 9.6 = 36%..
Buy HINDMOTORS between 8.75-8.40 T1: 10.50 T2: 11.50 T3: 13 SL: 7.70