Technical Analysis for HUDCO (Housing & Urban Development Corpor
Chart Pattern: W-pattern breakout with strong volume
Key Breakout: 200 DEMA breakout confirmed
Trade Type: Swing trade for 6 months
Entry Strategy: Buy after breakout confirmation
Stop Loss (SL): ₹217
Targets:
Target 1: ₹275
Target 2: ₹299
Target 3: ₹343
Monitor price action and volume for sustained momentum. Adjust stop loss as the trade progresses.
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Note
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