Breakout in NSE:HIMATSEIDE : As the supply of shares at that resistance level diminishes, buyers become more dominant. When the supply finally depletes, the stock price breaks out decisively above the upper trendline or resistance level. This breakout signifies a shift in the balance of power from sellers to buyers, and the stock price typically starts moving...
#Himatseide CMP : 175.2 Date : 24/11/23 A Fundamentally weak and a high debt company. A recent turn around movement in textile sector is now influencing the world s largest cotton yarn maker. Stock is technically looking good now. Formation of a round bottom is seen in the chart with 60% completion . Now the stock is at its 52 week high with significant volumes....
Himatsingka Seide Ltd. is a vertically integrated global textile major that designs, develops, manufactures and distributes a suite of home textile products. CMP 173 and showing a good breakout above 165 with very good volume in last few weeks. Can be added for 205/240/270 with SL of 260 weekly closing basis.
Note: Analysis for Education purpose only. Buy or Sell at your risk. 1. Background in Accumulation phase and potential upside in coming months 2.Stop Loss 140 3.Target 245
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...
I daily make educational content videos for swing / positional trading
HIMATSINGA SIEDE :Could see volume build up while forming the right shoulder and is placed at 152-155 its neck line resistance. As per the inverted Head &Shoulder patern if breaches 152-155 likely to test 170-175 (For educational purpose only)
a clear cut W pattern confirmation on HIMATSIEDE . keep sl @ 66 and target 1:4
Key points whey it is bullish: The daily chart just had a breakout with more than 10x volume. which is Buy signal On Daily Fib retracement the chart had just crossed golden ratio 0.618%. Also it survived to be on top of golden ration.
HIMATSEIDE Analysis on Weekly Timeframe Bullish view on HIMATSEIDE Double Bottom Pattern Formation in HIMATSEIDE Neckline Breakout HIMATSEIDE has made double bottom patten on Weekly Timeframe. The price has given breakout to the neckline 85.45 and now it is trading above it. We can see the breakout has happend with the good volume. We can expect further...
W PATTERN ON MONTHLT TIMEFRAME FOR HIMATSEIDE (Himatsingka Seide Ltd) FUNDAMANETALS: Company undertook major capital expenditure programme that took 3-4 years to complete. It committed investments of approximately 2,500 crores and all three projects were commissioned on schedule. All of these facilities were developed in Hassan (Karnataka). This capex programme...
Stock Name - Himatsingka Seide Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 113 #This is not Buy and Sell recommendation to any one. This is for...
Hello Friend's I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment. After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid fundamentals, and positive market sentiment. Based on my...
Swing trade for short term , buying at current price level Sl any candle close below current candle, if price close above 85, next Target 100
Short term Trade expected beginning of Third wave. CMP: ~ 107.75 ( Buy @ ~ 118.15) SL: ~ 93.70 Target: ~ 222.80 | ~306.30 | ~ 441.35 ( Swing Traders can exit @ T2 ) ( Targets calculated on the basis of Fib. and previous swings ) Disclaimer: I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor...
looking good at this level ...wait for a bullish pattern ... you can build for the long term.
Buy Himatseide @ current price or add till 75, stopp loss 55, Hold for long term. target 2x 3x 4x.....
Reason for long a) Weekly pull back set up b) Bullish Gartley set up at 170 level c) Volume spurt d) pin bar indicating it as false low for long