I'm excited to share a promising swing trade setup for Himadri Speciality Chemical Limited (HSCL).
The stock has given a strong breakout on the daily chart, backed by significant volume, pushing above the crucial resistance level of Rs 390.
The stock has made a run-away gap on daily chart. With the stock trading above its 50-day and 200-day moving averages and an RSI at 65, HSCL shows a bullish outlook.
The breakout volume indicates strong buying interest, making it a compelling swing trade candidate.
The stock can seen touching new levels on higher side in upcoming day. Keep this in radar.
𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐲
Himadri Speciality Chemical Ltd is a global speciality chemical conglomerate
Specializes in producing speciality carbon black, coal tar pitch, refined naphthalene, new energy materials, SNF, speciality oils, power, etc
Serving industries such as lithium-ion batteries, paints, plastics, tires, aluminium, graphite electrodes, agrochemicals, defence and construction chemicals.
Happy trading! 📈
Disclaimer: Chart shared is for educational purpose and does not include any investment or trading advice
The stock has given a strong breakout on the daily chart, backed by significant volume, pushing above the crucial resistance level of Rs 390.
The stock has made a run-away gap on daily chart. With the stock trading above its 50-day and 200-day moving averages and an RSI at 65, HSCL shows a bullish outlook.
The breakout volume indicates strong buying interest, making it a compelling swing trade candidate.
The stock can seen touching new levels on higher side in upcoming day. Keep this in radar.
𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐲
Himadri Speciality Chemical Ltd is a global speciality chemical conglomerate
Specializes in producing speciality carbon black, coal tar pitch, refined naphthalene, new energy materials, SNF, speciality oils, power, etc
Serving industries such as lithium-ion batteries, paints, plastics, tires, aluminium, graphite electrodes, agrochemicals, defence and construction chemicals.
Happy trading! 📈
Disclaimer: Chart shared is for educational purpose and does not include any investment or trading advice
