Hudco - U - Turn PossibleStock currently in Higher Highs Higher Lows
After a brief uptrend stock may loose steam
As it is reaching its strongest hurdle area of 275
If pauses it may possibly try to reverse
High chances of not breaking and sustaining above 281
After reversal 1st stop can be near 240, if pushed further final stop can lead the stock to 210
HUDCO
HUDCO - Consolidation BO - Daily This chart represents **Housing & Urban Development Corporation Ltd. (HUDCO)** and shows a downward **channel breakout** pattern.
### Observations:
1. **Downtrend Channel**:
- The stock was in a descending channel pattern, as marked by the yellow trendlines.
- The breakout above the upper trendline signals a potential reversal from the downtrend.
2. **Breakout Confirmation**:
- The breakout level appears around ₹233.02, and the price closed at ₹238.61, indicating a successful breakout with a gain of +4.80%.
- The breakout is accompanied by higher volume, which adds strength to the bullish move.
3. **Target Levels**:
- **Measured Move**: Based on the channel height, the next significant resistance is marked at ₹274.30.
- **Support**: Strong horizontal support lies at ₹189.99, which is the previous low.
4. **Volume**:
- The volume bars below the chart confirm increased trading activity during the breakout, a strong sign of investor interest.
### Potential Strategy:
- **For Bulls**:
- Enter on pullbacks near ₹233, if any, with a target of ₹274.30.
- Place a stop-loss below ₹223 (previous resistance turned support).
- **For Bears**:
- Watch for rejection or lack of follow-through near ₹274.30 for a potential short-term reversal.
Would you like further analysis on entry points, or should I provide other technical insights?
HUDCO - Breakout Setup, Move is ON...#HUDCO trading above Resistance of 323
Next Resistance is at 404
Support is at 212
Here are previous charts:
Chart is 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.
HUDCO - Breakout Setup, Move is ON...#HUDCO trading above Resistance of 238
Next Resistance is at 323
Support is at 154
Here are previous charts:
Chart is 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.
HUDCO is a good long term bet!HUDCO is trying to complete a rounding bottom pattern. Volume is increasing in the stock.
Above 102, we can expect big returns, even 150+.
Stock has dividend yield of more than 4% and is a PSU company in housing finance.
One can enter at CMP and add on dips till 75. SL is below 60 weekly closing basis.
Idea shared for educational purposes.
HUDCO FOR 260 +Housing And Urban Development Corp Ltd ( HUDCO ) is one of the Navratna from government companies ready for big rally. Housing And Urban Development Corporation Limited is a techno-financing company. The Company is engaged in housing and infrastructure project finance (including Retail Lending) and provides consultancy services.
We do see a clearly volume spike in HUDCO and we are expecting a rally from this point.
CMP : 228
SL : 190
TARGET : 260
HUDCO - Long Setup, Move is ON...#HUDCO trading above Resistance of 154
Next Resistance is at 238
Support is at 102
Here are previous charts:
Chart is 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.
MACD Crossover Swing Trade📊 Script: ADANIPOWER
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑💰- 628
🟢 Target 🎯🏆 - 668
⚠️ Stoploss ☠️🚫 - 611
📊 Script: HUDCO
📊 Sector: Finance
📊 Industry: Finance - Housing
⏱️ C.M.P 📑💰- 233
🟢 Target 🎯🏆 - 246
⚠️ Stoploss ☠️🚫 - 228
📊 Script: JSWINFRA
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 259
🟢 Target 🎯🏆 - 278
⚠️ Stoploss ☠️🚫 - 250
📊 Script: METROBRAND
📊 Sector: Leather
📊 Industry: Leather / Leather Products
⏱️ C.M.P 📑💰- 1081
🟢 Target 🎯🏆 - 1153
⚠️ Stoploss ☠️🚫 - 1044
📊 Script: HBLPOWER
📊 Sector: Auto Ancillaries
📊 Industry: Auto Ancillaries
⏱️ C.M.P 📑💰- 521
🟢 Target 🎯🏆 - 559
⚠️ Stoploss ☠️🚫 - 504
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
HUDCO Analysis & Prediction in DTFThis is the analysis of HUDCO in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About HUDCO :
Housing & Urban Development Corp. Ltd. is a wholly-owned government company which provides loans for housing and urban infrastructure projects in India. Its services include social housing, residential real estate, and retail finance through the HUDCO Niwas scheme. The social housing services offered to the borrowers belonging to the economically weaker sections of the society. It also offers housing and commercial real estate projects, including land acquisition to the middle-income group and high-income group of society. Other services include water supply, roads, transport, power, sewerage, drainage, and solid waste management. The company was founded on April 25, 1970 and is headquartered in New Delhi, India.
HUDCO - Long Setup, Move is ON...#HUDCO trading above Resistance of 102
Next Resistance is at 154
Support is at 70
Here are previous charts:
Chart is 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.
HUDCO - Long Setup, Move is ON...#HUDCO trading above Resistance of 84
Next Resistance is at 102
Support is at 60
Here are previous charts:
Chart is 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.
HUDCO - Long Setup, Move is ON...#HUDCO trading above Resistance of 70
Next Resistance is at 84
Support is at 50
Here is previous chart:
Chart is 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.
Can HUDCO Hud Hud Dabangg ? Housing & Urban Development Corporation Ltd is primarily engaged in the business of financing housing and urban development activities in the country
The company is one of the major financiers of urban infra and housing projects, thus remaining strategically important for Govt's objective of housing for all. The GoI holds ~81% stake in the company. It also has well-established relations with different state governments, making it a preferred lender for their urban infra and housing projects.
While ~88% of the loans are covered by bank/ government guarantees, the rest 12% are secured by tangible assets. Public sector accounts for ~97% of loan book while private sector accounts for the rest 3% only.
As per Q3FY22, taxable bonds accounted for ~66% of borrowings, followed by tax free bonds (30%) and refinance from NHB/IIFCL (4%).
HUDCO: Formed Cup & Handle PatternHIUDCO formed a Cup & Handle Pattern and started give breakout from 59 level.
Stock can be accumulated around 59-60/61 level.
T1 is expected at 67 and T2 is expected around 73.
Overall expected target is around 77.
Set stoploss at 54.5 and increase the stoploss when stock moves up.
Pattern is tracked on daily chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
HUDCO - Ichimoku BreakoutStock Name - Housing and Urban Development Corporation
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 71
#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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#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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Chart is so beautiful!Chart -> Hudco Weekly
Wonderful VCP and base formation breakout with volumes. Chart is so beautiful!
CMP: 61
Good Range: 55 to 60
Targets: 70, 80, 90
SL: 52 Weekly 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.