Hitech Corp cmp 264.60 by Weekly Chart viewsHitech Corp cmp 264.60 by Weekly Chart views
- Support Zone at 210 to 218 Price Band
- Resistance Zone at 271 to 284 Price Band
- Volumes enabled upsurge by demand based buying
- Price well above both the Trendlines for a fresh upside breakout
- Weekly basis Support at 236 > 205 > 173 with Resistance at 284 > 305 > ATH 338
HITECHCORP trade ideas
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in CREST
BUY TODAY SELL TOMORROW for 5%
HITECHCORP - this setup is worth exploringNSE:HITECHCORP
breakout given on monthly chart
cmp is 270.30
this kind of setup is worth studying to make awesome gains
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
HITECH CORP HUGE POTENTIALNSE:HITECHCORP Has broken out of its first major accumulation zone after an uptrend of 300%+ and has ventured into virgin territory. Volumes are in the favor of the bulls.
Stock is currently facing rejection at an old resistance trend line (zoom out to see) and is retracing from the break.
Look to buy and hold for big money after it sustains 330-350 levels.
Fundamentals are average but technical aspect has huge potential.