Hinduja Global - trend reversal???
Hello 👋
It's a IT - software industry stock.
* Trend reversal can be started.
* Currently price is in demand zone from where it was long run previously.
* Strong volumes &; momentum inclined
* Double bottom pattern - weekly chart
* Stiff trendline..if break decisively above 1055 & sustain then can hit swing high 1175 .
* Price exactly took support of 0.65 I.e. 858 ..
* Indeciision candle on weekly chart
# Financial
Company's Q2 results are better than Q1 also company is in strong hands as FII increased their holdings in 2024.
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you 😊
It's a IT - software industry stock.
* Trend reversal can be started.
* Currently price is in demand zone from where it was long run previously.
* Strong volumes &; momentum inclined
* Double bottom pattern - weekly chart
* Stiff trendline..if break decisively above 1055 & sustain then can hit swing high 1175 .
* Price exactly took support of 0.65 I.e. 858 ..
* Indeciision candle on weekly chart
# Financial
Company's Q2 results are better than Q1 also company is in strong hands as FII increased their holdings in 2024.
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you 😊
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