Chart is self explanatory. Himatsinka Seide is getting ready. Looks good. Lets see. Just an observation, not a recommendation. Cheers!!
In this pattern we can see that there is an breakout, and stock closes above the resistance zone. The main point is that when stock is forming a handle, same curve occur on volume indicator. So this can be a true breakout, and stock may touch to its next resistance. Which could be around 210 and 240. Around 170 it will be a good level to have a stock in portfolio.
This stock forming my techno funda pattern in which technicals and fundamentals both are included Technical (moving average,trend, strength,) Fundamentals (sales,EPS, PROFIT)more than 20 % But always remember Stop 🛑 loaa
Himatsingka Seide is near breakout zone. Trade if it closes above resistance area.
As we can see after volume spike near resistance there is consolidation on daily chart one can able to observe . Above 135 is good Levels mark Consider as reversal.
Himatsingka- Beautiful setup with a possible golden cross over of 200,50 and 20 Monthly SMAs in the next few days Safe entry above 125 ..Ultra safe entry above 132
Himmatseide Breakout stock Good volume and downtrand Breakout candidate buy this leval and sl 92 and 87 as per your risk reward ratio this is only educational purpose.
#HIMATSEIDE updated harmonic PRZ-193-183 CMP:228 @15 November 2021
HIMATSIEDE - Bullish set up. 1. We have 5*21 EMA crossover 2. We have aroon crossover 3. FII are increasing their investments QOQ. The set up should easily flow into new highs. Safe players should consider an entry only post 280 daily close.
Himatseide CMP – 109 Looking bullish and can go for Intraday / Swing trade with the following entry, exit & targets Buy range 108 - 111 / Stop Loss 107 Target 1 - 115 Target 2 - 120 Target 3 – 125 / 130 Short term target 150 + Note: This is my view and for educational purpose only
BREAKOUT WITH GREAT VOLUME CAN BE EASILY SPOTTERD BUT THE MAIN THING IS THAT BOTH RS NOW BECOME POSITIVE A BIG RALLY CAN BE SEEN
From 82-84 it can give a upside moment. Strict Stop loss at 67.