HariOm Pipes - Bottoming out
A stock that's got capex come online and the management is extremely bullish about its prospects going ahead.
They say they'll do a topline of 1600cr this year and 2500 next financial year..
The chart seems to be showing a bottoming out pattern too with a positive divergence on the RSI.
Long and current price with another buy above 591 with a Stoploss below 545.
There will be a higher high plus trendline breakout above 600.
There can be another pyramid above 630 if and when the stock takes out the 200EMA.
They say they'll do a topline of 1600cr this year and 2500 next financial year..
The chart seems to be showing a bottoming out pattern too with a positive divergence on the RSI.
Long and current price with another buy above 591 with a Stoploss below 545.
There will be a higher high plus trendline breakout above 600.
There can be another pyramid above 630 if and when the stock takes out the 200EMA.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.