Shown above is the weekly chart of
HSIL. As we can see the stock has given major breakouts in its weekly chart and is now consolidating above the breakout. Also, the stock is in a longer degree third wave. The positive crossover of the moving averages also adds to the strength of the stock. Therefore, I suggest to buy the stock for targets of 485-490 with a strict stop loss below 430. CMP:452.
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