Oil and Gas about to break four times tested weak resistanceDTL BO (Down Trend Line Breakout)
Even Oil N Gas stocks are also setting up to move :
ONGC (being my fav with good results, check older posts), Oil Ind, HPCL, BPCL, IOC, Gulf OIl.
Dtlbreakout
HFCL with EPS growth can make move from here?HFCL is in business of telecom infrastructure. With huge expansion of 5G and Reliance subsidiary JIO, Airtel, Indus Tower doing good, HFCL shareholder can also enjoy the piece of pie too.
- With making HHs n DTL (Down Trendline) testing 3rd time, BO (Breakout) can happen.
-Green Vol > Red Vol
-Better n cheat entry was in 97-98 range when "Signal Candle" gave Strong Start (SS: when stock starts gap up n not/barely touching previous day low (PDL))
Lets see how it perform.
