INDIANHUME trade ideas
Looks like coming out of a major resistance zoneTarget 1 can easily be 100 points from here i.e. around 330.
VCP Pattern: INDIANHUME 🚰📌Levels are mentioned on chart for ❝Swing trading❞.
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INDIAHUMEBuy between ₹222 - 226
All Targets Are Mentioned on Chart
(P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.)
Indian Hume Pipes, Trendline BreakoutIndian Hume Pipes, trendine breakout done with strong volume, enter with target of 232.
Good days ahead for indianhumpipesAs u observed recent days construction materials like cement, pipes stocks are moving up drastically.. Now triangle pattern breakout in this stock.. Already gave movement.. So just watch and learn..
Sure Breakout Is Ahead For Short Term ✌✌✌After a long year travel within a range bound now it is ready to Fly in rocket mode. Keep on your radar for Short Term.
Go long, Buy on dips.A short pullback after a breakout is given, kindly go long with a stop-loss of 164 on a closing basis.
Targets of 196, 217 can be seen shortly.
Another multibagger bet! 308 is a break out point.If closses above 308 then Short term targets are 369,396! Keep an eye!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
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Short term bet India Hume Pipes50 MA has crossed the 200 MA recently.
Stock is on the rise & is making higher lows.
However, it has moved up too far from the 50 MA.
Buy at around 340 levels after the stock falls and then resumes uptrend.
Target of around 400 in 3~4 months.
Indian Hume PipeCompany came out with turn around Q2 after almost 5 qtr of bad performance. Decent company. Big volumes started building up in it. Seems big sharks getting interested here. Chart looks very good for immediate upside, positional stop 302 look for 370+.
