Date 29th Feb.2024
First of all, apologies to posted little late.
1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside.
There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T.
Easy Way to Carry this trade is on monthly candle closing basis above 5 ema.
Further on this after breakout.
Thank You!
First of all, apologies to posted little late.
1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside.
There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T.
Easy Way to Carry this trade is on monthly candle closing basis above 5 ema.
Further on this after breakout.
Thank You!
Comment:
Monthly Closing will be Important, it will try to recover from this point for monthly closing.
Comment:
As I mentioned in last comment it will recover before monthly closing and HFCL price close above 5 EMAs (1M).
Also In Weekly TF, there is Bullish Hammer, So from Now Closing Below Hammers Low on weekly Closing is Stop Loss for HFCL.
Also In Weekly TF, there is Bullish Hammer, So from Now Closing Below Hammers Low on weekly Closing is Stop Loss for HFCL.
Comment:
with more than 4% move in the morning, it again touches 100 Rs Today and seems like chancing of good weekly closing at the end of the day.
Comment:
'LAZY BUT NOT LOSER'
Thats what I will say for HFCL :)
Thats what I will say for HFCL :)
Comment:
Though 92 Rs. works as a good support in smaller TF.