HSCL/ Monthly Chart Only for educational purpose

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HSCL

Technical analysis: Himadri Speciality Chemical Ltd (Monthly Chart) only for educational purpose

HSCL making cup Pattern formation trade line you can see in my chart, I’ve marked red and green color as a support & resistance area.

Resistance Levels:
First resistance between 55 to 60.0
Second resistance between 71 to 76.5

Support Levels:
First Support between 46 to 41
Second support between 35 to 30
I have also provided some support area in above chart you can see.

My Target: (Not advising anyone to invest after watching my chart this is only for education purpose)
1st Target – 60.00
2nd Target – 70.00
3rd Target – 80.00

Friend please analyses before taking any action do not depend on my analyses it’s just for education purpose only and follow the proper risk management. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.
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Trend Analysis

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