HINO is in bull run since 26 Nov 2024. On daily TF, RSI does not show any sign of divergence and KVO is almost vertical suggesting a strong bull run. However, RSI is almost at 85 and at any time trend may retrace to define a proper Higher High.
Resistance Zone 481~530 is critical. Then another resistance line at 700 is present.
On weekly time frame, Crab Harmonic pattern has been drawn, which if respected by price then we will see a very substantial return at TP-4 in 15 months time.
Trade Values
Buy-1 (Mkt): 435
TP-1: 481 (people will sell to book profit around 465)
Buy 2 : 425 (on retracement)
TP-2: 481~ 530 (people will sell at a bit higher values than TP-1)
TP-3: 700 (A small retracement is possible due to profit booking)
TP4: 1630 (For Swing Trading)
Stop Loss: 277 (Kindly modify Stop Loss, as TP-2 is hit to make breakeven for Swing trading).
Resistance Zone 481~530 is critical. Then another resistance line at 700 is present.
On weekly time frame, Crab Harmonic pattern has been drawn, which if respected by price then we will see a very substantial return at TP-4 in 15 months time.
Trade Values
Buy-1 (Mkt): 435
TP-1: 481 (people will sell to book profit around 465)
Buy 2 : 425 (on retracement)
TP-2: 481~ 530 (people will sell at a bit higher values than TP-1)
TP-3: 700 (A small retracement is possible due to profit booking)
TP4: 1630 (For Swing Trading)
Stop Loss: 277 (Kindly modify Stop Loss, as TP-2 is hit to make breakeven for Swing trading).
Trade attivo
Fundamentally this SCRIPT is weak, therefore, take trading decision accordingly. 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.