This technical setup for Hikal Ltd indicates a classic Cup & Handle pattern, suggesting a strong bullish momentum:
🟢 Buy Level identified around ₹413.50.
🔴 Sell Target projected at ₹544.75, offering a potential gain of 31.39%.
💡 The pattern is supported by:
Steady volume increase, showing strong interest from buyers.
A well-formed base over the past 686 days, indicating strong support levels.
Are you ready to ride the breakout? Share your thoughts and analysis in the comments! 🗣️
#HikalLtd #StockAnalysis #CupAndHandle #TradingSetup
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