Hatsun Agro: Poised for a Potential Breakout?Hatsun Agro is currently exhibiting a constructive technical setup within a well-defined ascending channel. The price action on July 21st, characterized by a strong bullish candle on significant volume, indicates a robust rejection of the channel's lower support trendline. The stock is now directly challenging a critical horizontal resistance zone. A decisive close above this area could validate the bullish momentum and unlock significant upside potential towards previously established highs.
Since April 2025, the stock has been trading within a clear ascending channel. This pattern is inherently bullish, indicating a structured uptrend with higher highs and higher lows. The recent bounce from the lower support trendline ( the red line ) confirms the validity and strength of this ongoing trend.
The horizontal zone, marked in green , represents the most immediate and critical hurdle. It is a "confluence zone" where horizontal price resistance (derived from the highs in February and March) intersects with the channel's internal structure. This area has acted as a ceiling, rejecting upward attempts in late May and early June. Breaking this supply zone is the key to unlocking the next leg of the rally.
The trading session on July 21st (Today) was accompanied by a substantial surge in volume. This high volume on a strong bullish candle originating from channel support is a powerful signal. It suggests strong buying conviction and provides a robust foundation for the attempt to break through the overhead resistance.
The Structural Resistance at ₹1,116.45
This is the most logical and significant primary target following a breakout. This level represents the major high from January 2025. It is a natural magnet for price and a likely area where traders who bought the breakout would look to take initial profits.
Disclaimer: The information provided in this technical analysis is for informational and educational purposes only and should not be construed as financial or investment advice. It is an interpretation of historical price data. Market dynamics can change, and past performance is not indicative of future results. All trading and investment activities involve risk. Always conduct your own thorough due diligence and consult with a qualified financial advisor before making any investment decisions.
HATSUN trade ideas
HATSUN looks bullishHatsun previously formed an uptrend pattern, followed by a pullback or correction. If we look closely at this pullback, we'll notice that a minor downtrend has converted into an uptrend, or we could say, an inverted head and shoulders pattern, which is a bullish indicator. The breakout above the top of the right shoulder also confirms that buyers are genuinely interested in this stock. So, in my opinion, this stock looks very bullish. Please do your own research before investing.
FYI, this company makes our favorite Arun Ice-cream :)
BULLISH ON HATSUN(1-2 years). (based on technical factors)There are many confluences that indicate the stock price may rise in heavy relative density of movement with respect to time. This move of the price will initially halt at 1600 and then may continue towards 2000 rupees.
Here we can see that the significant 35 EMA is contacted, from where the market takes support. The 35 EMA is considered significant for the monthly timeframe, which I will explain further on.
The apparent structure of the market has shifted to a higher low, which is 38.2 percent of the entire previous rally (Fib).
There is continuous support received from the market at 1000, which infers a refusal to move downwards. The bull movement will be more clear and visible after 1200 is confidently broken.
HATSUN Nearing Symmetrical Triangle Apex – Breakout Imminent?
The stock is forming a symmetrical triangle, approaching the apex, indicating a potential breakout.
The RSI is at 41.96, showing a bearish divergence, suggesting a cautious approach until a clear breakout occurs.
Volume has been stable, but watch for an increase as the stock nears the apex of the triangle.
Immediate support is at the lower trendline around ₹950, while resistance is at the upper trendline around ₹1100
Monitor for a breakout above ₹1100 or a breakdown below ₹950 for a clear direction. A breakout with strong volume could lead to a bullish move, while a breakdown might suggest further downside.
Hatsun-One more Agrochem stock on verge of breakoutHatsun agro has given good volume bounce today from trendline. Above 1200, we can see this stock flying.
However, this stock forms long wicks hence it is safe to wait for weekly closing above 1200 for a safe investments.
Keep in radar. Agro stocks normally give big moves before monsoon arrives.
HATSUN AGRO - Bullish Swing ReversalNSE: HATSUN is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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HATSUN | Swing Trade📊 Details
Hatsun Agro Product Limited has been in business for over 5 decades and achieved the position of the largest private-sector industry in the Dairy sector manufacturing and marketing Milk and Milk products, Ice-Cream, etc. It was incorporated by Mr. R G Chandramogan, who has been in the dairy business for more than 30 years. Its journey began with Arun Icecreams.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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The Trend is your FriendThis is my trading journal, not a trade recommendation. Idea presented only for educational purposes for me and others who want to benefit from my experience.
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Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past performance is not guarantee of future gains