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nikhilgodhani
Feb 5, 2022 7:09 AM

HFCL buy( VCP with volume support) Long

HFCL LTDNSE

Description

Ideal VCP observed in HFCL
Buy at CMP
SL below 68
R:R -- 1:2 and more
volume drying up during consolidation and expanding in up move
95 is crucial resistance if break with volume then we may see good up move



Market Cap-- ₹ 11,322 Cr.
ROCE-- 19.7 %
ROE-- 13.5 %
Promoter holding-- 39.2 %
FII holding-- 7.19 %
DII holding-- 1.44 %
Debt-- ₹ 710 Cr.
Public holding-- 52.0 %

Please maintain SL stickily
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy (for traget-1 ) around 71%(Please maintain your SL)

Trade closed: stop reached

SL hitt
trade closed
Comments
viinay333
by when do you see it crossing 93 pls share time fame if one year target for same
nikhilgodhani
@viinay333,
""As a speculator, you have two choices... manage risk or eventually suffer a big drawdown. This I can guarantee."" By Mark minervini
We can't predict time in stock market only thing in our control is risk so out your sL and sir tight
jacobvacha
Yr Calls are v gud
NikhilDodhani
nikhilgodhani
@jacobvacha thanks Bhai
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