NH - High volumes with bullish price action
NSE: NH has had a long consolidation and is now looking strong for a quick move.
Today's volumes indicate a huge demand and should move to the next swing high in the coming days.
The stock is continuing in an uptrend channel and should continue to move higher.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
Today's volumes indicate a huge demand and should move to the next swing high in the coming days.
The stock is continuing in an uptrend channel and should continue to move higher.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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