Bollinger band break out Bollinger band break out
Trend line break out
Order block momentum Zone break out
HINDCOMPOS trade ideas
Hindustan Composites Ltd-Ready for a upside moveHindustan Composites Ltd has been showing consistent up move and it has recently given a handsome breakout at Fibo level 0.50. Moreover, it is showing a consistent increase in its order book with the major buyer being Indian Railways.
It is also trading below its 5-year average PE ratio.
All these factors help us conclude that the stock is a good buy at the current level.
All the best!
Necklace Pattern-Hindustan CompositeNecklace Pattern-Hindustan Composite.
Is this counter going to hit it's own high? Let's see how mystery unfolds!
Strong triangle patternThis Hindustan Composit have been making a triangle pattern for the past 8 months.
Theres a upside potential upto 22%.
BUY ABOVE 340
A Cup and HandleBeautiful price action in the Handle with price testing the resistance multiple times. May breakout anytime now.
