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.
Hudcolong
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.
HUDCOyeah it is right time to invest in HUDCO, the PE ratio of the company is good ,and also the dept is little hight, but now it form the haed and shoulder pattern .now it is in dip ..., divident percent is high 6-7% , i thought one think , india definitly become like a dubai , so urban based construction company also will grow. invest in future ...