The stock broke out of a long term resistance near 610 on higher timeframe charts. Overall market correction may push the stock down to retest 610 zone again, which may now act as a support. This zone coincides with the rising channel trendline. I also expect that by the time the stock retests that zone, the 55 EMA will also be there (hand drawn on the chart) to ...
HDIL has closed above S/R zone, next green candle and you can buy with target for 90, 92.3 & 96. Trail with SL if it goes any further.
If goes below 85.8, short with targets of 82 & 80.
These are my personal views about this stock, do your own analysis and trade accordingly.