We are witnessing a tilted inverted head and shoulder pattern by looking at the charts and that is definitely a bullish sign. Buy Indowind energy on dips to 52-52.5 with a stoploss of 49 and look for targets of 56/59 in very short term.
Stock View: Hitachi Home
The stock has been consolidating after the big move from 270 to 330. Now we are witnessing a triangle pattern in the stock along with a parallel channel. If it breaks out from the triangle pattern then upper end of the parallel channel should act as a next resistance. Buy Hitachi Home only above 325.5-326.5 with a stoploss of 319 and look for targets of 333/348 in extreme short term.
Have a wonderful trading day
Regards
Ankit
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