Investment stock- Can be 3X returns
After approx 8-9 years of consolidation we are finally making higher highs.
RSI>60
Price above gann 8/1 levels.
Price very near to breakout
Buy on dips with Stop loss @ 245 for a target of 500-700-900 levels
Only for Educational purposes. Please trade at your own risk or after consulting a financial advisor.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
HUHTAMAKI:- Stock has given breakout, but if you want to plan something, wait for retesting because breakout is huge, till then keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and...
Weekend Pick 2: Huhtamaki Ind
Fundamentals: Decent, consistent on Sales, Profits, EPS, Growing Reserves Vs reducing debts. FII holding increased slightly. Healthy Dividends
Technicals: Harmonic XABCD Active with Good Volume, Price above standard MAs
R1: 295
R2: 325
R3: 355.. Above 360 big rally if sustains on weekly chart
SL: 225
Breakout in HUHTAMAKI
Entry: Above 203
Targets: 230 & 250
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
After a long correction, Huhtamaki is now showing signs of reversal and accumulation. Staggered entry levels are indicated on the chart, SL for first entry can be kept below the green Palat zone.
Huhtamaki Long (3 Feb)
RSI-47
RSI divergence
Buy at CMP- 211
SL- 198
Target- 232, 248
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Stock is gaining strength against SMALCAP index and has been under performing since long while testing a long time resistance of 321 to 337. Breakout possibilities are increasing as stock is refusing to go down and getting continuous on 270. Supply is being consumed on higher levels to consolidate stock in fewer hands.
