Triangles are a correction five-wave pattern (marked as A-B-C-D-E), which is divided into five types. This pattern is formed in a position prior to the final wave in an impulse or a correction.
*for educational purpose only. HFCL has given breakout of 24 years with good volume. RSI is also showing strength. High momentum in stock. Good to buy for longterm.
HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable . (Source:-Screener) With growing 5G and Gigafiber demands, HFCL has a big future ahead...
Weekly breakout in HFCL after 2.5 years. Decent fundamentals and stable company.
Has Been Moving In the Same Range For Over 2 Decade And Now Looks Ready For An Uptrend Move. Current market price :- 105.75/- Buying level at 110/- stop loss :- 104 target :- 120 , 130, 140, 150 Holding period 5 TO 8 Months
BUY @ 105.65 RS TARGET @ 130.30 RS BUYING CONFIRMATION: Darvas box breakout & rounding bottom breakout Expected returns are around 23.00 %
📊 DETAILS Sector: Telecommunication - Equipment Mkt Cap: 11,823 cr HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC). TTM...
Weekly breakout with good volumes. Stock consolidated for a very good period and gave a breakout.
HFCL on weekly TF has made a extremely bullish candle breaking a multiyear box consolidation. Entries can be made on current price but the SL will be big, so make multiple entries if price retraces and consolidates and try averaging. FINAL Stop Loss @80/- TARGET 150-160 Ride the breakout with the help of 20 and 50 EMA on daily TF. Operator might double bluff...
Simple Price Action Formed InsideBar in weekely Time frame Gave Powerfull Breakout Of Inside Bar with Strong Volume Looks Good For Swing Trade Trading at 99 Keep sl at 80 Target can be 160 Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you...
Hello Guy's i hope you all will be doing good in your trading and in your life as well. I have brought another stock which was in long multi years consolidation zone, later on june 2021, it has given breakout, and since 2 and half years it was consolidating in a short range, but now it has given short consolidation area breakout as well. There is higher...
HFCL Accumulated in Major Zone & Finally Breakout on Weekly Basis & Now Ready to Rally
simple chart Stock just have to cross 101 which is previous high after that we will see it in sky zone keep stop loss @93, and hold.and stock trading relatively cheap to its peers.
HFCL Looking good for longterm,. Taking strong support in lower levels about to break short term resistance shown in chart
HFCL LTD 1) Time Frame - Monthly. 2) Downtrend / Triangle Breakout in Monthly with good volume. 3) Next Resistance / Target would be (Price 101.35) - Previous all time high. 4) Recommendation - Strong buy
Dont miss opportunity Buy above 96.1 Stop 85 Target open
After breaking out at 62 stock is consolidating in the same range for a three-year break of this range can give a good up move. # Manage your risk