HFCL : Breakout Stock#hfcl #swingtrade #vcppattern #threewhitesoldier #trendingstock #Fairvaluegap
HFCL : Breakout Stock
>> Vcp pattern visible
>> Higher Low formation seen
>> Demand ⬆️ Supply 🔻
>> Good Strength & Volume buildup
>> Bounced back from FVG area
>> Moving Average Trending setup
I m expecting a minimum 20% move in a short span of time.
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Hfclbullish
#HFCL long trade idea setup (08/02/24)Greetings Folks,
today I have prepared a setup of
NSE:HFCL on NSE
the analysis is as follows-
- the price has made a fresh bullish structure in 15 min time frame
- the last higher high breakout failed, which means price can make a retracement to refuel the momentum
- the buying price is set under the underlying sell side liquidity orders, if they get swept, our trade can play well
don't play with fire, always use a predefined stoploss
HFCL (weekly) : Breakout Stock#Breakoutstock #stocktobuy #stocktotrade #stockinfocus
#HFCL (1-3 months) : Momentum Stock
>> Long Consolidation Triangle pattern Breakout
>> VCP Visible in Triangle pattern
>> Good Strength & Volume Breakout
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
HFCL - Volume Contraction PatternHFCL is one of the leading companies in optics fiber manufacturing for 5g sector in India.
The company recently got approval for PLI schemes worth 652 crore as well.
Once price breaks above the neckline, we can expect fresh rally.
There is good volume spike as well on closing day, and it will be interesting to see if smart money inflow continues.
HFCL : Simple analysis - support and resistanceResistance at 89. Will see strong upside once this level is crossed.
The price can retrace back to 79, 76 levels and 71 if it fails to sustain momentum.
View: Bullish in the long term. However, always keep a stop loss of 5-8 percent if your position fails.