Wednesday, April 23, 2014

HATHWAY CABLES Targetting 280

Hi friends,
                   In last one month midcap stocks have done wonders ,Many have moved 50%+
and few even have doubled ,This shows the extent of bull attack in midcaps.
I posted many stocks in midcaps and they really did good.
Today i am posting Hathway cables , one of the largest Cable TV services company of India ,  Established in 1995, Hathway provides quality Cable TV services in thirteen cities across the nation. With fiber optic backbone across its networks and state-of-the-art distribution set ups
Lets see the chart
HATHWAY CABLES Targetting 280
 We can see the the stock was in
a range for more than a year
its trading inside a triangle
,I could figure out it has done
abcde where the e wave overshot
the lower trendline and it bounced
back and entered back in triangle
The stock looks set to touch 280
levels ,As long as this holds e low
ie 219 levels.

Investors can gain from this spurt towards 280 above 280 it confirms triangle breakout
and the target gets higher.Lets see how this stock performs.


Post a Comment