CMP: 138 - Gap up and follow through was seen in first 30min - Then low volume pullback below open price
Triangle breakout and bullish MACD crossover in Hisar Metal Industries Ltd
Triangle pattern in Hisar Metal Industries Ltd. good time to enter for swing trading
HISARMETAL bullish trend analysis
Cup and handle pattern buy above 147 for a target of 160 and above .
The stock looks good above 140 for intraday and 143.65 for swing
This scrip is trying to break the channel trendline nearly 8-9 Times, I hope this time it will break it and to move upward. So traders keep on your radar to catch the moment.
This is 1D timeframe. This stock took yesterday a very strong support at very big trendline( 1+ yr on daily TF). Yesterday's wick is very big and it indicates that it wouldn't go down that easily. Sellers tried but cannot take it down. Today it shows hugh momentum and moved +20% up. I tried to find but I can't find any important news as such that it took it up...
Just keep this on the watchlist .... for cash trade. comment your views on this. Disclaimer: only for education purposes, not a trade call.
Hisar metails trending channel, verge of breakout *** Purely personal analysis *** Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
Decided to go SIP mode on this scrip for one year or so. the line drawn above cmp will work as resistance. 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...