HIMADRI SPECIALITY CHEMICAL LT

BSE

HSCL

Near term target 165-168. Major support at 118

Tenkan over Kinjun Bird is airborne from Chikou Kumo shows bird may rest if tired ....... its super bird may not be tired Ride the trend Please guide if wrong ....... thanks

Price action is forming a rectangle bottom. Its similar to rounding bottom except the shape is rectangle(New pattern found by me). See the high volume in two years. It shows buyers/investors are getting in. Strategy here is buy in dips. For the targets 250 and 350. Duration is 2 to 3 years. Always consult your financial manager before investing.

Stock is bouncing off 20 ema and has bounced off after reaching its demand zone.