Heranba after consolidating for few months is looking for a good breakout and forming a bullish pennant. Target of 460 i.e 20+% returns within a month
NSE:HERANBA Daily timeframe analysis for long term LL LH HL structure formed Buy above 383 only if strong candle closed with SL of 362 T1 464 T2 504 T3 545
📊 Key Stock Developments 📈 Positive Divergence observed. Noteworthy breakout from the Trend Line Resistance Range. In close proximity to the one-year Price Resistance Range. 📈 To validate the trend reversal, it must be accompanied by the establishment of higher highs. Failure to do so could undermine the momentum. Meeting all prerequisites may pave the...
Here We are seeing oversold stock Heranba due to bad news and realted factors. # Stock is in accumualtion zone of 410- 310, can be sold below 240 Stoploss. # On higher side target are 633, 833 and more.....
Heranba trend line support. Go long 370 target 402. stoploss 362
Educational purpose only Relative strength crossed above Zero line.
Good symmetrical triangle pattern, stock taking support from 44EMA. 200 points first target after that trail your SL.
Wait for the perfect break out and take the action after conformation.(Wait for at least 2 candles) Put the SL according to your loss appetite.(765.25 would be ideal for all in my view.) I suggest to play it safe in the SWING rather than in INTRA.
Short Term Target 1044 ( Bullish ) Stop Loss 715