Tis can be a promising trade. Bear flg formation so could give more downside after that new position can me made for good gains.
Formed a perfect Cup & Handle on the weekly chart. Increasing daily volume , Daily & Weekly RSI above 60 indicating a good upmove ahead. Fundamentals are also strong. Keeping it for 1-2 months can expect a target of 800
Heritage has BO'd fro triangle and moving up with decent volumes..targets marked for short term..if broader markets are steady then heritage will achieve targets,,This is an idea, not a recommendation to buy
Heritage has retested channel and started moving up...24% move is a possibility. last time it retested channel and moved 22%. targets marked. let us wait and see. Do your own research. This is an idea, not a recommendation
Awaiting a breakout from the Triangle Pattern. A Golden Crossover has been spotted. The stock has also moved above the Ichimoku Cloud. MACD crossover also on the cards.
We can expect a good move. Almost all FMCG stocks are going to move high. Please don't ask me about ITC.
Breakout from channel happened some time ago, it RETESTED ( always a good sign) the channel and moved up today...7% up..473 is possible. resistance at 451.
Price and Chart Analysis - 1) Stock gave a BREAKOUT above MULTIPLE RESISTANCE ZONES 2 weeks ago. 2) Now trading and retesting near breakout level. 3) Daily Candle today was a Gravestone Doji after a downtrend, indicating possible bullish reversal hereon. 4) Zooming out, looks like a possible INVERTED HEAD & SHOULDER BREAKOUT and PULLBACK, with VOLUME...
Heritage Food Breakout with volumes and looking great for marked targets
Heritage foods broke out of the channel pattern couple of days ago...even when it was moving up INSIDE the channel it was doing big volumes..it has not traded with such volumes in the past 1 year at least...a good sign. CMP - 428.7 Target 1 - 473...( actually today also it moved up by 7%, so target 1 was 428 today, but the new target 1 is for those who wish to...
HERITGFOOD on Resistance Breakout. It is near BO, with Good rising volumes, Possible Intraday and Swing Trades..
One of the few stocks where each dip is being got which can be noticed by the longer tails in the stock..a potentitally low risk trade might be developing here. Long above 345.50 for a first target of 378 200WEMA..If that gets crossed even doubling the allocation might be a good idea. SL 330.
After breakout with high volume, market retraced. Now we can see a pullback.
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