HUDCO what a fantastic chart!HUDCO broke out from the trendline and then retraced to test the same trend line.
After testing the trendline it has resumed the upward movement again.
Go long in HUDCO.
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HUDCO
HUDCO tested back the resistanceHUDCO has retraced to the previous resistance line and is ready to bounce from there.
Good chance to accumulate more. This is for investors.
Go long here.
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Will HUDCO finally break the barrier?Keep this on radar. The stock is at a very important trendline.
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NSE:HUDCO
Hudco - Multiple Resistance Breakout plus InHS#hudco #weeklyTF Multiple resistance breakout plus Inverse Head and Shoulders.
Buy above 46 with SL 39 Tgt 63
HUDCOHopeful Breakout on 8th attempt.
Divergence Spotted
There are chances of price falling back in the Wedge.
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Swing Trade Idea #199 : Long on HUDCO This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
HUDCO NeutralA symmetrical triangle was spotted, however the breakout could pass the 3% closing test and hence no trade.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
HUDCO BUYAs per the weekly charts, HUDCO brokeout from the downward channel. Target & SL mentioned on the chart.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
