DON’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...
Idea focuses on the analysis of HMVL (Hindustan Media Ventures Limited) using the double bottom pattern breakout strategy on its monthly chart, accompanied by volume analysis. The double bottom pattern is a bullish reversal pattern that often indicates a potential trend reversal from bearish to bullish sentiment. Analyzing this pattern along with volume can...
Technical Breakout: HMVL is showing signs of a bullish breakout with a W pattern formation, indicating a potential reversal of the previous downtrend.
Volume Confirmation: The breakout is accompanied by high trading volume and an engulfing candlestick pattern, providing strong confirmation of the bullish momentum.
Sector Potential: Media sector stocks, including...
-W pattern in weekly time frame
-ready to breakout strongest resistance with good volume
-expecting strong closing this week
-rsi,adx,macd,ema every indicator showing strength
Falling From 300 To 50 In Last 5 Years.....Double Bottom Pattern In Making...... Fundamentally Strong Company....Market Cap Of Approx. 400 Crores & Have Investment More Than 1200 Crores + Radio & Newspaper Buisness.
Hindustan Media ventures looking good for short-term holding @ 77-76 for the upper marked targets on chart.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Hindustan Media Ventures
NSE:HMVL
Cmp - 88
Stop - 70 on DCB
Expectation -
T1 - 150
T2 - 300, Review at 150
Expected Holding Period - 120 trading days or earlier for T1
View:- Positional/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Dear Friends,
The stock has come out the channel with closed with strong buy with good volume on weakly basis. Stock is good for long.
Disclaimer: This is for educational purposes. It's our own risk to take the order. Kindly do your own analysis or consult your financial advisor
![HMVL: [SHORT-TERM INVESTMENT STOCK] BUY HINDUSTAND MEDIA @ 77 - 76](https://s3.tradingview.com/d/DAoJ0mTG_mid.png "[SHORT-TERM INVESTMENT STOCK] BUY HINDUSTAND MEDIA @ 77 - 76")
