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Rugminik

HONASA CONSUMER - Looks good for a breakout trade.

Long
HONASA CONSUMER LTD (NSE:HONASA)  
Rugminik  
NSE:HONASA   HONASA CONSUMER LTD
Supply and Demand Pivot Points Multiple Time Frame Analysis HONASA priceaction stockstobuy swingtrading shortterm investing
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supplyanddemand pivotpoints mtfa honasa priceaction stockstobuy swingtrading shortterm investing
Stock is trading at it's all time high levels.

The stock looks poised to break upside for a target of 30%.

It has been consolidating since 3 weeks.

The RSI in lower timeframe supports an entry at 490 range. Targets can be trailed as per pivot levels for a 30% move.
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