1) Time Frame - Monthly. 2) IPO base ALL TIME HIGH breakout in monthly with huge volume in both weekly and monthly. 3) It is a Cup Pattern breakout. So, As per the cup pattern target It would be around (186.50) in the long term. 4) Recommendation - Strong buy
Note
Monthly Update
As on Jan 31, 2024 - HUDCO is up (41%) from the given price 125.95 to 178.30 High.
Note
As mentioned previously, The given target of (186.50 - 48% from the given price 125.95) is achieved.
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