SRHH HYPO looks good for 700++
Trying to go up
Head and shoulder pattern broke
Volume good
Cmp628
Stop loss can set at 600
Looks bottom out
As it’s a reversal pattern may take time for upmove
Holding period 2week or stop loss
Keep strict stop loss..
Risk 30..reward 70
RR 1:2
A high risk call
Fundamentals average
Last Quarter was weak..
Incorporated in 2005, Sree Rayalaseema
Hi – Strength Hypo Ltd is a producer of
producer of Calcium Hypo -chloride,
Stable Bleaching Powder, Sulphuric
Acid and other chemicals
Only for educational purpose..not a recommendation to buy!!
Head and shoulder pattern broke
Volume good
Cmp628
Stop loss can set at 600
Looks bottom out
As it’s a reversal pattern may take time for upmove
Holding period 2week or stop loss
Keep strict stop loss..
Risk 30..reward 70
RR 1:2
A high risk call
Fundamentals average
Last Quarter was weak..
Incorporated in 2005, Sree Rayalaseema
Hi – Strength Hypo Ltd is a producer of
producer of Calcium Hypo -chloride,
Stable Bleaching Powder, Sulphuric
Acid and other chemicals
Only for educational purpose..not a recommendation to buy!!
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