New idea: #HSCL #HimadriSpecialty
If closes above 51 today, adding 1/3rd tracking quantity - Long term trend reversal. All in when it closes the week above 57.
SL: Below 40
T1: 80, T2: 200
Time horizon: 1-2 years
Established in 1990, Himadri Speciality Chemical is one of India’s largest integrated speciality carbon companies. Over the years, the Company has undergone massive transformation from a Coal Tar Pitch manufacturing company to being one of the world’s most extensive value chains in the Carbon segment.
The Company is a market leader and a significant player in...
Himadri Speciality CMP - 52.30
Looking bullish in higher time frame. One can go for Short / Long Term Trade Setup with the following entry, exit & targets.
Buy Range 50 - 55 / Stop Loss 39
Target 1 - 70
Target 2 - 85
Target 3 - 100
Disclaimer: This is my view and for educational purpose only. Trade according to your risk and am not responsible for your loss.
Himadri Speciality- Today Closing above 50 can move to stock to 52 level but once break above 52 and sustain then can have the target of 60-64 in next 1-2 Months. Stop loss should be 47. On Daily Chart stock is above all moving averages, On Weekly Chart stock giving the breakout on downward trendline with volumes.
