hikal--overboughtthough the stock is overbought but regression channel is showing a target of 412 and end of 3rd wave
HIKAL trade ideas
hikal--distribution going on in higher levelas observed in 5 min chart volume profile showing distribution at 270-80 level .Sell and enjoy at higher level
hikal-distribution near to 268-70 levelsupport visible at 241, 230 as per fibo retracement sell near to 268-270 where in one min chart share has shown distribution
hikal--distributionin one minute chart 170 volume profile shows profit taking as price decrease on volume
hikal--sellthe stock has become expensive and is at channel resistance of 259-260 level .Sell with a price target of 232-35
HIKAL OUTLOOK -1DThis stock has initiated the impulse drive with respect to completion of corrective wave as labelled. Suitable to hold for short term with proper risk management.
DISCLAIMER:The is published purely for educational purpose, and not a financial advisory . Trading involves high risk and invest with your own analysis with proper money management..
hikal--screaming buyHikal announced the successful development of Favipiravir Active Pharmaceutical ingredient (API) and its intermediates the , In 5th wave after completing( i)st and ( ii)nd wave the ( iii)rd wave of 5th has a trg of 210.
Swing shortThere will be a small swing low of 4 to 5 season till the range of 165-169 before moving back up to 185. Also the Stoc. RSI is above 80 which shows resistance at current price zone
TAKE OFF!!ADDED MORE TODAY.
MY VERY VERY HIGH CONVICTION BET.
FUNDAMENTALLY EXTRA STRONG.
TECHNICALLY SUPER BULLISH. VERY PROMISING SETUP.
PHARMA, API, CDMO, AGRI - MANY MANY FUNDAMENTAL TRIGGERS IN FUTURE.
IT IS MY LONG TERM INVESTMENT, WONT EXIT EVEN IF IT HITS MY STOPLOSS.
SL IS 145(WCB) PROVIDED WHO ARE ONLY BUYING THIS FOR TRADING PURPOSE.
#ZERO #BEAST #BULLISH #CONFIDENT #HIGHCONVICTION #ANIMALS #AGRICHEM #API #PHARMA #LONGWAYTOGO #INVESTMENT
hikal--we have a target of 182-83 ( fib extension in 15 min chart) where resistance will be seen but if crosses 185 we might go back to new highs
hikal deadly moveonce crosses 134 has a higher trg of 144 168 176 inverse head and shoulder formation
