HIRAT LONG TRADE 13-06-2025HIRAT LONG TRADE
- The stock was in an uptrend until the first week of September 2024, followed by a complex correction in a converging channel (marked with dotted lines).
- After the accumulation phase, the stock experienced a sharp downward move in a liquidity sweep and then reversed upwards with massive volume gradient, forming a scallop pattern.
- The stock then entered a channel trading range, creating a bullish IFDZ and a bullish measuring gap, indicating potential for an upward move.
🚨 TECHNICAL BUY CALL – HIRAT🚨
- BY1: 3.98 (current level)
- BY2: 3.86
- BY3: 3.68
- Targets calculated using the Quantified Displacement Method:
- TP1: 4.45
- TP2: 5.15
- TP3: 5.80
- Stop loss: below 3.20
- Reward-to-risk ratio: 4.5
Caution: Please buy on levels in 3 parts. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
