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Long-term

Hindustant Construction company Broken out the Trendline.NSE:HCC a nice triangle/Flag pattern formed on Daily time Frame, and the Trend line has got broken. As per recent Budget announcment , Construction and infra stocks are in focus, HCC though reported 50% less profit in last quarter still the future look more promising as HCC is into tunnel , roads and Power sectors working on Government Projects. I believe the price is very resonable and at bottom in a way. just got into Uptrend by making its First Higher high and Higher Lowe formation after its Lowest ever point. huge pottential at this location. Good for long term investment.
NSE:HCCLong
by pratekk
📊 Long term view on IBULHSGFIN 📊 NSE:IBULHSGFIN 🔴Price holding at the Demand Zone for a long time. 🔴Right now three consecutive consolidation candles are formed at the demand zone and above the Diagonal support line. 🔴So far price has been responding to all the diagonal support and resistances. 🔴We can buy at the demand zone while consolidation happens or we can wait till break out happens. 🔴If the current demand zone is engulfed, we can see some bearish move till the next demand zone which I have mentioned in the chart. 🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
ILong
by PriceAct-fugazitrader
1