Its near its 52 Week low.
Promoter Holding is good & No promoter Pledged.
Demand Zones are marked as Green shaded horizontal areas.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Levels 1:-
Buy Near 480
Stoploss 430
Positional Tgts 620 - 730
Levels 2:-
Buy Near 330
Stoploss 260
Positional Tgts 400 - 480
Long Term...
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories
Hindustan foods has given a bullish flag breakout.
Risky trade considering weak market scenarios.
Levels mentioned on chart.
Its better to book quick profits or keep on trailing your SL.
Idea shared for educational purposes
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
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I am not a call provider, not SEBI approved person. All the charts and PnL here are for educational purposes. Consult a professional financial advisor before you invest.
Breakout of trend line... Upside possibly for target🎯 of 50%...
Do you're analysis before entry......
This is not an investment advice...
Note,:- Education purpose only....
Thank you...
Detailed View about this Breakout:
No.of Resistance: 5
No.of Support: 4
Consolidation Days: 350+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
explained in the chart
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories
Chart is self explanatory.
Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing
Hindustan Foods had broken the 9 months consolidation range with high volume.
After making a new high, the price has tested 50% Fib Levels and started moving ahead.
This looks positive to be in the long side.
This is only for analysis and study purpose.
NSE:HNDFDS
Cmp : 607.75
Entry : Cmp or near 586
Stop Loss: According to one's Risk Reward ratio
#Study, Learn & Earn.
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HINDUSTAN FOODS posted on 12.11.2022 Stock ABOVE 571 TARGET 600 and on 14.11.2022 Stock made a high of 617 and Closed at 607.
Happy Profitable Trading to all...
