One can buy this with SL of close below 50. Target 60/65 and more. Stock is at Trendline Support wich coincides with Fib Retracement Level.
Looks good breakout today, but i will consider 66 level for entering, and will suggest to maintain 56.50 as a stop loss
one can look for investing , when it gives some retracement
Acceptance Point around Rs. 44-45 Levels 1st Challenging Ranges Rs. 50-52 levels 2nd Challenging Ranges Rs. 58-60 levels (Target/Exit)
Bullish break on massive volumes.
Indication of break out was initiated from yesterday's move with higher volume. Uptrend now becomes stronger with RSI breakout. 60-62 level is easily achievable. For longer term it may touch 80-85 level easily.
On a long term timeframe HBLPOWER is breaking out from the FLAG and also a small penant. Could be a good winner
HBL POWER SYSTEM GOOD FOR BUY EVERY DIPS FOR LONG TERM HOLD BUY NEAR 42/43 WITH SUPPORT 36-35 CAN TEST 55-60-70++
No Trading Zone between 31.50 - 40 Either side break shall give us a trading opportunity. Likely, It seems that we shall have a downside move once 31.50--31.65 zone gets broken- in that case we shall be looking a zone of 27-28 & below 27 -Likely it should go in the zone 20-21 -where multi year low could be in place which possibly looks in Aug to Oct 2017 next...