HIMADRI SPECIALTY CHEMICAL --- LONG TERM - BULLISH
Telah dikemas kini
HIMADRI SPECIALTY CHEMICAL (HSCL) is an Established Brand with strong proven track record in specialty chemical , India's only fully integrated carbon chemical plant .
TECHNICAL daily, weekly , monthly Chart is look bullish, as we discuss about multiyear monthly chart strong trendline breakout seen recently around
leve 48-50, consolidation seen around 50-60 level and, resistance breakout of this consolidation above 60 level also seen now in last 2-3 trading session, so this indication of strong trend reversal at 60 level ..bullish formation on chart to see upside target 80-100-120 .
Bullish RSI and MACD above center and signal line at daily chart.
FUNDAMNTAL of co is positive since co in profit QOQ and YOY but this quarter some decline in profit margin is seen.
BUY HSCL @ 63
TARGET - 80 -100- 120
STOP LOSS 39
THIS STOCK IS BETTER FOR SHORT--MID--LONG TERM .. But keep track on quarter results if one having mid -long term view. ! potentail upside can be 20-30% (1-2 month) short term and 50-80 % in long term ( upto 1 year )
** THIS IDEA IS FOR EDUCATIONAL PURPOSE..please do own analysis and take call at own risk !
** VIEWS for or against of anlysis welcome..
HAPPY TRADING . !!
TECHNICAL daily, weekly , monthly Chart is look bullish, as we discuss about multiyear monthly chart strong trendline breakout seen recently around
leve 48-50, consolidation seen around 50-60 level and, resistance breakout of this consolidation above 60 level also seen now in last 2-3 trading session, so this indication of strong trend reversal at 60 level ..bullish formation on chart to see upside target 80-100-120 .
Bullish RSI and MACD above center and signal line at daily chart.
FUNDAMNTAL of co is positive since co in profit QOQ and YOY but this quarter some decline in profit margin is seen.
BUY HSCL @ 63
TARGET - 80 -100- 120
STOP LOSS 39
THIS STOCK IS BETTER FOR SHORT--MID--LONG TERM .. But keep track on quarter results if one having mid -long term view. ! potentail upside can be 20-30% (1-2 month) short term and 50-80 % in long term ( upto 1 year )
** THIS IDEA IS FOR EDUCATIONAL PURPOSE..please do own analysis and take call at own risk !
** VIEWS for or against of anlysis welcome..
HAPPY TRADING . !!
Nota
Hourly chart RSI above 60 ..bullish !Nota
RSI above 60 at hourly chart means boom boom blast .!Nota
strong Up move in few days if closing above 66 todayNota
himadri speciality strong resistance at 69 and support 60-62 ..TRADE WITHIN THIS AREA few session breakout above 69 will be bullish again 09/02/2022
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.