HFCL BREAKOUT!!- Making HHs & HLs
- Trading in a bullish channel
- Massive Volume Buildup
- Major Player in 5G game
- Buy above 96
- SL: 83
- Target: 106/120/140+
- TF: 6-8 Months
HFCL trade ideas
HFCL POSITIONAL LONGHFCL is near to its ATH resistance levels, on daily it has started making higher lows, on weekly it is taking support at 20EMA by controlling uptrend on Higher Time Frame, Monthly the upper bollinger band is open and have some more room on upside to achieve.
HFCL : Symmetrical triangle breakoutHFCL looks bullish on a symmetrical triangle breakout above 89 and a close of 91.85 as of 14 Jan 22.
Target of 120 with a stop loss of 5-8%.
Not a buy/sell recommendation, but personal analysis for educational purpose.
HFCL#HFCL
CMP - 91.85
Can be taken fresh entry -> 89 to 95
OR
Above 96
Next Levels to be expect -> 112,135,152
View will be negated below 74
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
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HFCL READY FOR BIG MOVELevels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HFCL is looking promising this week with a massive volumeHimachal Futuristic Communications Ltd (HFCL) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development system integration and manufacture and supply of high-end telecom equipment and Optic Fiber Cable (OFC). Their manufacturing facilities are located at Solan in Himachal Pradesh Salcete in Goa and New Delhi. As at 31st March 2019 the Company had four subsidiaries viz. HTL Limited Polixel Security Systems Private Limited Moneta Finance Private Limited and HFCL Advance Systems Private Limited and one joint venture company viz. DragonWave HFCL India Private Limited a Joint Venture Company of the Company and DragonWave Inc. Canada now known as DragonWave - X Canada Inc. a subsidiary of Transform - X Inc.Himachal Futuristic Communications Ltd was incorporated on May 11 1987. The company started with manufacturing transmission Equipment and soon they expanded their product portfolio to manufacture Access Equipment Optical Fibre Cable Accessories and Terminal Equipment.
HFCL good for Long Stock has already broken out from previous high with Exception valoume,
aggressive trader can plan for entry @CMP and
conservative player can wait for price to retrace to T1.
Best entry would be above 93.7 .
T2 will be the best area to Enter in future on can look for.
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
HFCL - SHORT TERMChart looks bullish for the short term target of 120 levels.... strict stoploss must of 84 Rs.
HFCL - At Crucial JunctureHFCL :
Looks Great for a breakout
Currently at a strong resistance
Need to sustain 95 (atleast 1 hour candle close)
HFCL - BREAKOUT #2This scrips is at its verge breakout, as per the fibonacci retracement, this stock can easily go 120+ in upcoming days.
HFCL #TAView #OnlyEducationalNear resistance zone, good if breaks and sustains above R-zone. Seen good volume growth and huge bullish candle
HFCL ready for breakout again.HFCL is ready to get 3 digit share price as it break this trend it is ready to fly high.
BUY : HFCL TARGET : 104STRONG RESISTANCE at 93.5 - 94 level
if stock is able to break above level then we can see very good rally till 104 for SHORT TERM (1 - 3 MONTH).
90 and 81 will act as STRONG SUPPORT
Huge VOLUME is seen in this stock Today
FUNDAMENTALLY very good stock
BAGGED BIG ORDERS.
Keep an EYE on this stock in coming days.
HFCL : Simple analysis - support and resistanceResistance at 89. Will see strong upside once this level is crossed.
The price can retrace back to 79, 76 levels and 71 if it fails to sustain momentum.
View: Bullish in the long term. However, always keep a stop loss of 5-8 percent if your position fails.
consolidation after long term resistance breakoutbuy above 96 for swing trade
keep stoploss below 80
keep booking partial profit and trail according to risk appetite.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
