rdkriplani

HFCL - Volume pickup

Long
NSE:HFCL   HFCL LTD
With 5G rollouts now in full swing fiber players will see great traction. HFCL is showing super relativestrength and volumes are also picking up in the stock.
But at current price where there seems to be a nice VCP breakout (also C&H) with a stoploss below 82.
The stock could easily go to 93 and then attempt to break into ATH.

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.