HPL Electric & Power secures order worth Rs 144Cr.HPL Electric & Power stock rises:Shares of HPL Electric & Power rose up to 2.4 per cent to hit an intraday high of Rs 613.20 per share on Friday, September 13, 2024.
The uptick in the HPL Electric & Power share price came after the company announced that it has bagged an order worth R 144 crore.
In an exchange filing, HPL Electric & Power said, “We are pleased to inform that the company HPL Electric & Power Limited has received Work Orders/Letter of Award of Rs 143.77 crore (inclusive of tax) from our regular leading Customers
HPL Electric & Power Limited, a manufacturer of electrical equipment, has built a robust presence over the past 40 years across five key product areas including metering solutions, modular switches, switchgears, LED lighting, and wires and cables.
Hplelectricpower
Short Term Swing Trading Idea in HPL Electric for > 20% UpsideHi,
NSE:HPL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Two Paths 📈 📈1000 -- 1200 within ( 23rd Dec 2024 -- 2nd June 2025 )
If weekly closing above 541 on or within 8th July 2024 then 📈 1211
Weekly closing Above 506 on 9th September 2024 then 📈 📈 1001 ( 2nd June 2025 )
1001 --- 2nd June 2025 ( High probability )
Disclaimer:
Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Short Term Trading Opportunity in HPL Electric for 15% upsideHi,
NSE:HPL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
HPL - Ichimoku Breakout📈 Stock Name - Hpl Electric & Power Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 380.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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HPL - Long Setup, Move is ON..NSE:HPL
✅ #HPL trading above Resistance of 290
✅ Next Resistance is at 396
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
LONG on HPL ELECTRIC POWER; Breakout from Descending ChannelHPL corrected approximately 91% from its IPO price of 198 to reach 18.35 on 13th March 2020. It then took support at lower trendline of descending channel and has risen by 385% in last 3 years.
The scrip has been falling in a descending channel ever since its Listing. It broke out of that channel on 30th Sep 2022.
Entry: Only above 92
Stop Loss: 85.50(daily closing basis)
HPL Electric blastedChart -> HPL Electric Daily
Breakout with volume blast!
CMP: 122
Good Range To Buy: 112 to 122
Targets: 135, 150, 160
SL: 108 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
HPL - Ichimoku Bullish Breakout Stock Name - Hpl Electric & Power Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 90
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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HPL Electric & Power Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since January 2022, BSE:HPL has given a breakout today. Buy with a stop just below ₹72. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
[Positional/swing] HPL Electrical LongBO with recorded high volumes now at retest
Buy at CMP (good buy zone is 50-45)
weak below 38(Small cap so please maintain SL below 38 on closing basis)
target of 64-74-90
Resistance acts as Support near 49-47 Also Fibonacci retracement zone (61.8%) near 48
Increasing volumes during uptrend
volume dry up during consolidation