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
Hudcotrend
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.