Chart Of The Day – Hawkins Cooker Leaps To New High But Lands Near Day’s Low

Hawkins Cooker gained 1.2% on above-average volume today. The stock hit a new high and closed 1% above its pivot price of Rs 3,371.20. However, it closed at lower end of the day’s range which is not a convincing break-out. If the stock closes over its higher end of the day’s range, it will be an ideal entry point, given its fundamental strength.

Hawkins Cooker_MarketSmithIndia

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