HSCL - Weekly Breakout above 2 years congestion area - Target 85

Scrip: Himadri Specialty Chemical Ltd (HSCL).
Setup: Weekly Breakout above 2 years range
Call: Buy
Entry: 60-67
Stoploss: This is a positional and investment call for a few months. Stoploss needs to be determined as per risk profile.
In case of a market crash, more positions can be added at lower levels in the range of 40-45.

Target 1 - 85
Target 2 - 105
Timeline - Few Months.
Valuations: Price to BV - 1.53 (Book Value - 43.5)

This is a small cap company and with a bit of risk involved. Please trade and invest based on your due diligence and risk profile.

I am not a SEBI registered analyst, please trade and invest based on your own research and analysis.

Dagangan aktif:

Target1 of 85 crossed. Today's closing is above 91.
Trade is active. Accumulated more to positional trade around 70.

Dagangan aktif:

Today's High - 99
Target 2 - 105
Target 3 - 150