Check the chart and related idea for more details on this trade. My first target is already hit... i had said 20% upside it is already up 22% and expected to do better. I do not think now is a good time to enter this stock as risk would be too high compared to the expected reward... Revised targets are marked on the chart Revised SL=48.25 For more such...
#HBL POWER Stock has given wonderful breakout after very long time on Daily, weekly and monthly TF's Will face some resistance at 51-52 If it closes any week above 51 then will shoot like rocket. Personally will add on each and every dip for big targets. ***DO YOUR SELF ANALYSIS, I AM NOT RESPONSIBLE FOR PROFIT AND LOSS***
HBL POWER SYSTEM Breakout alert ahead. Self explanatory chart. For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views. #banknifty #hbl #nifty
HBL Power made a post crash monthly closing high of 41.10 in December 2020. Since then the stock has been range bound for almost 5 months and has moved in a 10 Rs range between 33-43. Not only did the stock close at a fresh post crash monthly high of 46+ today but it also gave the highest monthly closing since April 2018 with very good volumes. One can go long...
Cup and Handle formation breakout on weekly charts. Volumes not high, neither low, hence low chances of prices falling. I would suggest going long on CMP as a swing trade. (OPEN THE CHART FOR DETAILED VIEW OF THE ANALYSIS) Target 1 : 50 Target 2 : 60 Target 3 : 70 Target 4 : 76 Stop Loss : 36.5 (TRAIL STOP LOSS) Risk-Reward Ratio favorable MACD bullish RSI...
Buy for the target 85