Buy Hindcon chemical @ 63-66.
short term target 150.
long term target 600-700.
stock is bouncing after small correction .
A v shape recovery can be seen on the chart.
strength is always important to buy a stock.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
#HINDCON CMP 138.20 | All time high price & volume | Breakout on weekly chart
Strategy to add on dips from current price
Can see more momentum in short to mid term
*Not recommendation
Entry, SL and Target marked on the chart also stock is taking support of 50 EMA.
Disclaimer:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
