Currently facing a Resistance at 18.4-18.5 Levels but HFCL has formed Head and Shoulder Pattern where Two Bottoms were around 11 Levels and Top was formed at around 22 Levels .By Head and Shoulder Pattern , Targets of 19.5-20 Levels are easily derived and some profit booking can also take place on these levels . On Trend Analysis , Resistance is at 18.5 and 23.5...
DEAR FELLOW FRIENDS , HFCL IS CURRENTLY IN DESCENDING CHART PATTERN (BEARISH ZONE) ON CHARTS ... SO , SELL IT FOR FIRST TARGET OF 14.85-15.00 LEVELS (STOP LOSS - 17.50-17.65) AND SECOND TARGET OF 12.00-12.20 LEVELS (STOP LOSS - 14.85-15.00) ... GOOD LUCK IN SHARE MARKETS !!!
