HERITGFOOD | One more food company - Looks potential for 30-50%HERITGFOOD | One more food company - Looks potential for 30-50%
CMP : 345 (Dip : 335)
SL : 310
Target : 440, 540
1:3+ risk reward setup
HERITGFOOD trade ideas
Weekend Pick 2: Heritage Food - Bullish Cup and Handle formationHeritage Food
Fundamentally it is strong and looks discounted.. FII holding has increased in the last quarter.
Technically is showing reversal as didn't break previous lower low, forming handle of big C&H bullish pattern.. Also closed above 200 DMA
Target 1: 385
Target 2: 450
Target 3: 535
Short term trade : SL : 290
Long term holding : Avg below 270
Heritage Foods Bullish BreakoutGood Price Volume breakout in Heritage Foods. Good Long at 335 with tgts of 448/499/564 and SL of 290
HERITGFOODhave closed above 150 dma 313.69 with increased volume.... .........................................................................................................................
#HERITGFOOD Trying to break ResistanceComing up with Good volumes.. Good to go above 351.90. Keep an 👀
LONG HERITAGEFOODRounding bottom or cup shape completed. handlein prgress. as and when trend of handle will breakout.......black lines may be target. res all mentioned in chart
HERITAGE FOOD - Swing Trade - Retest StructureThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
#Heritage food cash : Looks good around 427-432#Heritage food cash -Positional call
16 Jan 2022
Buy around 427-432
Stoploss 390
Target 500-525/600
Cmp 435.60
HERITAGE FOODS DAILY CHART AS ON 14.01.2022 TARGET ACHIEVEDPOSTED 13.01.2022 HERITAGE FOODS above 445 for a target 450 and on 14.01.2022 stock made a high 451 and closing at 435.
Swing trade Buy at current price level and exit with pre order like GTT, with 10-20 % return in some days
HERITAGE FOODS DAILY CHART AS ON 13.01.2022HERITAGE FOODS stock above 445 for a target 450. Resistance at 452
Heritage Foods ready for the uptrend!🤩💸🔥Buy Heritage Foods for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
.Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
.
The stock has formed a Rounding Bottom on a Monthly timeframe and given a Volume Breakout in June 2021. On a Daily timeframe as we can see stock has come out of the consolidation with huge volume indicating that a strong rally will begin from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
HERITAGEFOOD ON IMPORTANT LEVELFew days back heritage food broke out of ascending triangle and reached 55 levels which was a resistance level took a dip and now it's again back to breakout level, also i can see script trying to take support on trendline and on weekly chart its taking support on 2000ema.
Take trade with your own analysis
happy new year and happy trading
HERITGFOOD|Cup and handle pattern 50,20 EMA crossed 200 EMA|LONGNSE:HERITGFOOD
Cup and Handle formation
70-60% on CMP potential
Target:890-940
SL: 418
NB:CHECK FUNDEMENTAL
#price action trading
Inverted H&SStock has formed Inverted H&S pattern on weekly chart.
Longs can be considered on close above 545 levels on daily CB, with SL 490 on weekly CB for the targets of 645 and 730 with more than 1:2 RR.
Kindly do your analysis before initiating trade.
HERITGFOOD - RESISTANCE BREAKOUT1) Stock is trying to breach 2.5 years level
2) Last week it had given attempt to break the level with good volume but failed.
3) One can consider to go long according to the levels indicated in charts
Cup and Handel pattern formation in Heritage foodClear Cup and Handel formation in Heritage food
Expecting good up move in coming weeks and months
Can buy with SL of 410 Weekly closing basis
Do your own analysis before investing
Promising patternIt’s forming a reverse head and shoulder in daily time frame 480 resistance and 534 target.
