HBL Engineering Limited
Long
Updated

HBL ENGG, FRESH BREAKOUT FOR ANOTHER BULL RUN

517
HBL ENGG (W) 800 has given fresh breakout above 735 and highest all time high closing. All leading and lagging indicators are bullish. Breakout is supported by heavy buying volumes.
Expected technical targets are 940/1080/1260 in next 12 to 18 months.
Set up invalid if stock falls below 740 on weekly closing basis.

Trade closed manually
HBL ENGG TESTED 1125

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.