INDIAN HUME PIPE NSE:​INDIANHUME

50 MA has crossed the 200 MA recently. Stock is on the rise & is making higher lows. However, it has moved up too far from the 50 MA. Buy at around 340 levels after the stock falls and then resumes uptrend. Target of around 400 in 3~4 months.

INDIANHUME Closed above box is a buy.

Company came out with turn around Q2 after almost 5 qtr of bad performance. Decent company. Big volumes started building up in it. Seems big sharks getting interested here. Chart looks very good for immediate upside, positional stop 302 look for 370+.

Perfect Entry! Pinbar broken with strength Retracement 61.8 level

An Ideal Entry! Pinbar broken with strength Retracement to 61.8 level

One can buy this with small SL of close below 474 Target 530/550 and more. Strict SL.

Indian Hume Pipe- A breakout out of trading range is seen in the stock.