NHC Food is BSE listed stock, saw a big surge in volumes yesterday,Surge of almost 50 times its normal volume. Did a quick study found 2 interesting pattern
NHC Food has completed its Bullish CYPHER pattern, Target of pattern comes in range of 28–30
NHC Food is can also form ABC pattern, pattern completion comes around 29-30 range which gives a substantial upside in short term.
Looking at above 2 patterns
Traders can initiate fresh long is range of 21-22.5 With SL at 20 Tgt of 28-30 in 1 month period.
The above Stocks is not investment pick as I am not expert in Fundamental analysis but a short term pick for gain of 10-20% purely based on Technical Analysis based on my Studies.Please also do your own study before trading this stock and trade in small quantity also be strict with Stoploss.