Volume Breakout + Double Digit Stock - HATHWAY📊 Script: Hathway
📊 Sector: Telecomm-Service
📊 Industry: Telecommunications - Service Provider
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages crossover soon.
📈 Volume is increasing along with price which indicates volume breakout
📈 Right now RSI is around 70..
📈 One can go for Positional Trade.
⏱️ C.M.P 📑💰- 26
🟢 Target 🎯🏆 - 36
⚠️ Stoploss ☠️🚫 - 21
⚠️ Important: Always maintain your Risk & Reward Ratio.
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HATHWAY
#HATHWAY 20 Tgt 26 SL 18 (33%+) Buy Recommended - Rachit SethiaHATHWAY 20
TARGET 26++
SL 18
Return 33%++
RR > 3.7
TF < 8Months
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
HATHWAY CABLEThe chart looks promising in the short term. The RSI also is at a very sweet spot.
Since Nifty movement is very uncertain, I am just quite bullish however if Nifty continues with the uptrend then we could see the pattern repeating itself here as well for targets close to 40.
Be cautious before taking an entry.