ChartSarathi

HBLPOWER: Near PC Breakout after Midline Support

Long
ChartSarathi Updated   
NSE:HBLPOWER   HBL POWER SYSTEMS
HBLPOWER
#WondersOfPC

The last two days strong green candles after the support at Midline of PC,
showing strength in coming days up move.
We may see stronger BO than earlier one,
if overall market movement doesn't fall.
CMP is good to enter

For Swing trading
Strick SL will of 94.5 on closing basis.
Target 130
Comment:
At crucial level.
A closure above 114 will bringer higher levels of ATH, leading to 140.
And a closure below 107 will bring it down to 90-85 levels
Comment:
This is short term positional view only.
In long run, strongly bullish on the business.
Good pick for portfolio holding.

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