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technofunda_trader
2022λ…„ 1μ›” 13일 μ˜€ν›„ 12μ‹œ 16λΆ„

Heritage Foods ready for the uptrend!πŸ€©πŸ’ΈπŸ”₯Β λ‘±

HERITAGE FOODS LTDNSE

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Buy Heritage Foods for Positional Trading as well as InvestmentπŸ’ΈπŸ”₯πŸ’Έ
Comment your views!!!πŸ§πŸ€”πŸ§
.Both TECHNICALLY and FUNDAMENTALLY strong stock.πŸ’ͺπŸ’ͺ
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock has formed a Rounding Bottom on a Monthly timeframe and given a Volume Breakout in June 2021. On a Daily timeframe as we can see stock has come out of the consolidation with huge volume indicating that a strong rally will begin from current levels.
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πŸ’Ž@technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
⁠5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
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