This looks like breakout the consolidated zone. The price and volume action is also support the stock to move higher, It may be give more than 2X within a year.
TECHNICAL Breaking out of range formed from 2017-18 to till date Please highlight if any mistake or miss out so that i can enlighten myself in the process of learning
Larger the Consolidations bigger the move . Price break the range after 8 years of consolidations
#HUHTAMAKI NSE: HUHTAMAKI CMP: 220 TP: 285 SL: 185 TF: <6m RR ~ 2 times Return > 27% ORIENTPPR STARPAPER ANDHRAPAP JKPAPER BALKRISHNA WSTCSTPAPR BALLARPUR ITC GENUSPAPER PDMJEPAPER RUCHIRA MALUPAPER EMAMIPAP ASTRON Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish...
NET PROFIT UP 52 % AT 24.5 CR (YOY), 13.5 CR LOSS(QOQ) REVENUE UP 15 % AT 728 CR(YOY), UP 10 % (QOQ) EBITDA UP 20 % AT 50 CR (YOY), UP 370 % (QOQ) MARGINS AT 7 % V 6.7 % (YOY), 1.7 % (QOQ) company offers a wide portfolio of packaging solutions that includes flexible packaging, labelling technologies and specialised cartons. Company’s packaging machine division...
This is the buy zone from 2014 till date Good risk reward in going long here
Do your own analysis before investing Stock now ready to big movement Educational purpose only *TRUST* ALWAYS TRADE WITH SMALL STOP LOSS BIG REWARD IT'S MY STRATEGY
rsi convergenc volume breakout range breakout
Huhtamaki India CMP - 304.50 *High Probability* Looking bullish in higher time frame. One can go for Swing / Short Term Trade Setup with the following entry, exit & targets. *Intraday / Positional Trade Setup* Dont Miss It *Buy* At 307 or Above ONLY / Stop Loss 294 Target 1 - 310 Target 2 - 315 Target 3 - 320 Positional Target - 350 / Stop Loss...
Major resistance at 337 on weekly chart. Company is giving good result with excellent growth rate