HCC - Ready for a blast after a good news
HCC is ready for a up move with news related to huge order win.
Company has received a Letter of Acceptance (LOA) from Maharashtra State Road Development Corporation Ltd. for the construction of a Two-Lane Bridge across Agardanda Creek with approaches connecting Tokekhar Tq. Murud and Turumbadi Tq. Mhasala in Raigad District on Revas-Reddi Coastal Highway (MSH-04) in the State of Maharashtra on EPC Mode for a total contract price of Rs. 1031.6 Crore (excluding provisional sum and applicable GST).
Technically the stock has given a trendline breakout in daily time frame.
Entry above 44
Targets - 48, 52, 56+
SL - 41
Not a buy/sell recommendation. Do your own research before investing. Shared here for learning purpose.
Company has received a Letter of Acceptance (LOA) from Maharashtra State Road Development Corporation Ltd. for the construction of a Two-Lane Bridge across Agardanda Creek with approaches connecting Tokekhar Tq. Murud and Turumbadi Tq. Mhasala in Raigad District on Revas-Reddi Coastal Highway (MSH-04) in the State of Maharashtra on EPC Mode for a total contract price of Rs. 1031.6 Crore (excluding provisional sum and applicable GST).
Technically the stock has given a trendline breakout in daily time frame.
Entry above 44
Targets - 48, 52, 56+
SL - 41
Not a buy/sell recommendation. Do your own research before investing. Shared here for learning purpose.
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