1 H indicates some action incoming . possible trend line breach may bring more momentum . sl 8 %
💥Harrison Malayalam💥-Nice Breakout Capital to be deployed- 20k Investing Price-180-185 Breakout Price-178 Stoploss-143 Targets-232-345-389 RT for max reach #harrisonmalayalam #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Stock name = Harrisons Malayalam Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not...
After strong down trend price break the down trend channel and finally construct high high formations in weekly chart thats good sign for this stock . High probability price test life high if latest swing low not break in weekly time frame .
# Buyers visible around 61.8% retracement level with a fairly large wick on the 21st feb weekly candle. # The following wwwek confirms the presence of buyers with an inverted hammer formation which is also an inside candle. # 7th March candle is a fully body weekly candle with almost 9% upmove covering the sellers of the inverted hammer candle. # A W pattern...
Harrisons Malayalam Limited - Tea cultivator 1 to 3 months Holding
Long in Harrison Malayalam for a target of 170
Technicals & Chart ✓Standing at Multi year breakout levels. ✓Avg volumes rising since 2018. ✓Monthly trendline breakout done. ✓If sustains over 120 levels for next 2 months, target of 400+ cant be ruled out in any case. ✓Trading over historical demand & supply zones. Financials. ✓Increasing ROE & ROCE ✓Increasing Margins ✓Profit margins growing ✓Promoters...