HIMADRI SPECIALITY CHEM LTD TRADING IDEA!
📊 Analysis:
HSCL is trading above its key EMAs (20, 50, and 200), indicating a strong bullish trend.
The stock has broken a critical resistance level at ₹590, supported by rising volumes, signaling potential for further upside.
The price structure reflects bullish continuation with solid support below ₹565.
📈 Trading Plan:
Entry Point: ₹595 (enter on a breakout confirmation with good volume).
Target 1 (T1): ₹620
Target 2 (T2): ₹650
Stop Loss (SL): ₹565
🛑 Risk-to-Reward Ratio: Approximately 1:2
HSCL is trading above its key EMAs (20, 50, and 200), indicating a strong bullish trend.
The stock has broken a critical resistance level at ₹590, supported by rising volumes, signaling potential for further upside.
The price structure reflects bullish continuation with solid support below ₹565.
📈 Trading Plan:
Entry Point: ₹595 (enter on a breakout confirmation with good volume).
Target 1 (T1): ₹620
Target 2 (T2): ₹650
Stop Loss (SL): ₹565
🛑 Risk-to-Reward Ratio: Approximately 1:2
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.