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nikhilgodhani

[Positional/swing] HPL Electrical Long

Long
HPL ELECTRIC POWER (NSE:HPL)  
nikhilgodhani Updated   
NSE:HPL   HPL ELECTRIC POWER
Trend Analysis Chart Patterns Volume HPL hplelectricpower Fibonacci Retracement breakout volumespike
45
10
trendanalysis chartpattern volumestudies hpl hplelectricpower fibonacciretracement breakout volumespike
BO with recorded high volumes now at retest

Buy at CMP (good buy zone is 50-45)
weak below 38(Small cap so please maintain SL below 38 on closing basis)
target of 64-74-90

Resistance acts as Support near 49-47 Also Fibonacci retracement zone (61.8%) near 48
Increasing volumes during uptrend
volume dry up during consolidation
Trade active
Trade closed: target reached:
High is 64
TSL is 42
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