HATSUNHATSUN:- Cup and handle pattern has formed, wait for proper breakout, plan something only after that, till then keep your eyes on the stock.
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 follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HATSUN trade ideas
Hatsun Agro - Technical chart analysis Hatsun is in the correction since Sep' 2021 and is at strong support zone currently. Even the 850 levels are broken this stock has another support at 725 levels. The current support levels will be tested for next month and if the stock cant hold it,725 levels can be a good buy(or for averaging for the 850 levels). If the levels break down the 600 levels can wait for the stock to go for more correction of 75% from ATH.
Buy levels - 850-865
Sell - 1130-1150
Averaging - 725-740
Stop loss - 600
Hatsun Agro - long opportunity We are going to have long entry in Hatsun Agro above11:50 level
There is no support or strong supply zones above.
except at 1180 to 1240 level there may be bit resistance.
everything is compressed on the left side.
It can be a good pick for positional or investment purpose for at least a year or two.
About to BreakToday I picked HATSUN because, it is about to break cup and handle pattern. The following factors are considered by me for picking this.
1. High Volumes before cup and handle pattern breakout.
2. About to break resistance.
For BTST trades Keep profit as 1% - 2%
Keep SL and Target profits mentioned on the chart for short term swing trades.
Please consider these for educational purposes
Hatsun Agro Double BoostIf Breaks Then The Targets could be Taken at 1008.
Time Frame :- 1 Hour
Patterns Name :- Double Bottom
Symbol Name :- Hatsun Agro
Comment Below If You want to ask me questions on this on any other idea .
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
BTW Like and Follow if you like this awesome content
Made By MAYANKTECHRESEARCHING
HATSUN AGRO Chart Pattern repeats?1. A rise from point (A) to point (B) is 446%
2. A fall from point (B) to point (A1) is 60%
3. A rise from point (A1) to point (B1) is 435% almost near to rise at point number 1
Stock is now falling down. If HISTORY REPEATS ITSELF in technical analysis then IS this stock likely to fall 60% from current high at point (B1). Need to keep watch
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HATSUN AGRO PRODUCT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
HATSUN AGRONote:
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...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
HATSUN is now 1500+ from 946, 1 month 60% GainHATSUN was shared on Aug 13, 2021 to buy with following options
Buy Option 1 : Buy @ 925 to 945
Buy Option 2 : Buy @ 977 to 998
Buy Option 3 : Buy @ 1041 to 1051 (On Breakout)
Buy Option 4 : Buy @ 859 to 869
And now we can see it is 1500+ in just one month of time, This is almost 60% Gain.