HITECH - GEAR ( WEEKLY TIME FRAME ANALYSIS)It has shown strength in the weak by forming bullish engulfing at support zone, can bounce back from this level.
HITECHGEAR trade ideas
Is there Long opportunity in High Tech Gear?This scrip had broke the major resistance on the month on June and those who had missed that breakout can now be able to enter this scrip again. Today this scrip had a strong close near the resistance, so wait for another day to confirm the signal.
If this scrip shows bullish momentum you can long this scrip, may have SL just below the resistance and Target of All Time High.
THE HI-TECH GEARS - WEEKLYTHE HI-TECH GEARS - WEEKLY
Breakout with strong candle and volumes.
Closed at Upper Circuit in previous daily candle.
Targets as per fibonacci.
By - Rahul_Mathur
Hightech GearsGood volumes seen after long time
time for turn around?
Short term SL - 200
Long term SL - 160
Big Tgts...
THE HI - Tech Gears - Weekly Inverted Head nad shoulder BreakoutTHE HI - Tech Gears - Weekly Inverted Head nad shoulder Breakout CMP 225
Target 290- 330-390- 440-500-550+
Holding PERIOD - 3-4 years
Add some more if get @ 180-205
SL below 145
Watchout for Resistance breakoutThe stock looks good above 260 (on closing basis) for targets of 279 and 295 positionally
hitech gear looking strongLooking good for 300++
indicators on the chart..
only for educational purpose.. do ur own analysis if u intend to invest.
FY21-22 Swing Trade Idea #56: Long on HITECHGEARThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
Hi Tech Gear - CMP: 232The stoke has given Inverted Head-N-Shoulder Pattern breakout on the weekly chart. All oscillators are in bullish bios. In Mid-Term we can expect price movement up to 365. In the near term, we can expect price movement up to 260.
Inverted Head & Shoulder Chart Pattern Breakout* Inverted Head & Shoulder chart pattern breakout in weekly chart with extremely high volume .
Breakout in HITECHGEARThe chart is educational purpose only. Do your due diligence before taking any trade.
HITECHGEAR LONG AND STRONG BULLISH VIEWHITECHGEAR LONG AND STRONG BULLISH VIEW
CLEAR INVERSE HEAD & SHOULDER AT SUPPORT
The Hi-Tech GearsBullish pattern with 3 falling wedges followed by symmetrical triangle which gave a breakout. The target is 520 levels. Once 520 is achieved a rounded bottom pattern would be formed. Post that we have to wait for the charts to break the neck, for further upside.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
