HFCL BREAKOUT AND RETEST
Updated
The stock had given a breakout from rounding bottom pattern and retested pretty well 116.54 was a crucial resistance
The stock looks in a good reversal mood however the fundamentals are quite concerning it has pledge holding of more than 44% which is a very big red flag
The profitability of the company has remained unaffected and goes on increasing
TARGET 1 - 130.62
TARGET 2 - 143
The stock looks in a good reversal mood however the fundamentals are quite concerning it has pledge holding of more than 44% which is a very big red flag
The profitability of the company has remained unaffected and goes on increasing
TARGET 1 - 130.62
TARGET 2 - 143
Trade closed: target reached
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