This technical setup for Hikal Ltd indicates a classic Cup & Handle pattern, suggesting a strong bullish momentum:
🟢 Buy Level identified around ₹413.50.
🔴 Sell Target projected at ₹544.75, offering a potential gain of 31.39%.
💡 The pattern is supported by:
Steady volume increase, showing strong interest from buyers.
A well-formed base over the past 686 days, indicating strong support levels.
Are you ready to ride the breakout? Share your thoughts and analysis in the comments! 🗣️
#HikalLtd #StockAnalysis #CupAndHandle #TradingSetup
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.