HFCL trade ideas
In down trendMay find support at 23.55 from where new base is likely to form but there is always a possibility of changing trend to north without touching the support line.
HFCL Long / Buy at SupportHFCL after its Q3 results is returning to its support level, there is high probability of the price to bounce back from its support level.
HFCLBroken the channel as well as resistance and the price retested the new support huge possibility the price will move up till resistance level.
HFCL 2021 Multibagger/ Giving BreakoutsDon't Just buy on behalf of my analysis. Go analyse the stock fundamentally on your own.
A fundamentally Strong Stock is giving Breakouts everytime after little consolidation.
HFCLHFCL is showing good support at current levels. The stock has been moving up steadily. It is up 100% from its 52 week slow. Steady growth in Volume and delivery quantity. Current levels look good for entry. RSI is in the mid range .
No suggestion. Please consult your financial advisor before taking any decision.
HFCL - Channel Bullish BreakoutNote: This is for educational purpose only.
There seems to be a channel bullish breakout with high volume. There seems to be a breakout in RSI as well. Moreover, RSI above 60 indicates bullish momentum.
Go long for the entire monthMorning star pattern might take place.The stock is making higher highs & lower lows with a rising trend channel also with increase in volume.Go long with a target of 21 & Stoploss when the candle closes below the trend line.
HFCL, Best time to get in for more than 50% Return.Hi Guys,
You can occasionally get these kinds of scenario in the market, HFCL is now sitting on the perfect support level and on the bull flag. Breakout may occur soon which can lead it to around 40, stop below 22.5.
Fundamentally also it is a good stock, you can hold it for long-term also.
Buy HFCL For Potential GainPrice has taken support at EMA 18.
MACD is also showing potential up trend.
If you do further analysis, on Weekly chart and Monthly chart price is above EMA 18.
It could be bought above 32.55 and idea stop loss would be below 30.70.
