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HESTER BIOSCIENCES
Strong financials, stock taking good moving in a range.
Seeing recent Volume, it may break its strong resistance and trend-line, which it tested many times.
Script is making lower highs and lower lows, trading in symmetrical triangle pattern, in a range in daily time frame.
Buy positionally above 2530 trendline breakout.
First target will be 2630 which is also 50% fibo level.
Resistance zone is from 2600-2660 levels, so good level to enter full is 2670 level on candle closing basis.
for swing stoploss below 2400 after breakout
positional stoploss below 2250
Note: This is not any buying call, shared for education purpose only.
Strong financials, stock taking good moving in a range.
Seeing recent Volume, it may break its strong resistance and trend-line, which it tested many times.
Script is making lower highs and lower lows, trading in symmetrical triangle pattern, in a range in daily time frame.
Buy positionally above 2530 trendline breakout.
First target will be 2630 which is also 50% fibo level.
Resistance zone is from 2600-2660 levels, so good level to enter full is 2670 level on candle closing basis.
for swing stoploss below 2400 after breakout
positional stoploss below 2250
Note: This is not any buying call, shared for education purpose only.
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