HCC - Technically looking good
#HCC
CMP ₹.31.55
A Fundamentally weak stock, but technically looking good. Now stock at its 52 week high with significant volume supports. Breakout and retesting happened in 1.5 year long resistance trend line and also a cup & handle pattern. Chart is giving a hint of 60%-70% rally. Stoploss @ 27 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP ₹.31.55
A Fundamentally weak stock, but technically looking good. Now stock at its 52 week high with significant volume supports. Breakout and retesting happened in 1.5 year long resistance trend line and also a cup & handle pattern. Chart is giving a hint of 60%-70% rally. Stoploss @ 27 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
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