HOUSING DEVELOPMENT & INFRASTR

BSE

HDIL

HDIL is swing buy for target of 95 from CMP. If sustains above 100 can go ahead for targets of 120 & 200.

It is been observed on the daily chart that the price action breaks the trendline and moving upward, indicating buyers comeback. Target1: 92 Target2: 95 SL: 85

On Daily chart of HDIL its making higher high higher low formationa and also its make invert H&S pattern which was break with very good volume .target would be 79 which is also 200DMA

gap

44.74 is my target

Today HDIL daily candle is strongly bearish and closed at 62.05. Now I am looking at HDIL weekly chart and there is head and shoulder pattern breakdown is seen. Today low was 56.60. If am looking at monthly chart then support comes around in the 50-55 range. If it goes below that level then next support is around 25-30 zone. so my view is strongly bearish on hdil...