#HBLPOWER
CMP - 70.10
Above 80
Next Levels can be expected 184, 487
View will be negated below 40.25
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
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We can see stock is continously trying to make upward movement with good volumes. Also it is also in uptrend. Triangle breakout and close will be final confirmation. Wait for Good RR ratio before buy.
Happy Treading guys.
HBLPOWER has formed a nice base with VCP characteristics .It has shown good Relative Strength when market was correcting. It is providing very tight pivot with reducing volume. Entry can be made above horizontally drawn pivot with initial SL at 60 Levels
It is always a good idea to go with the momentum. Focus on changing portfolio everyday by taking BTST trades which lowers yours risk and maximises your returns.
ALWAYS GO WITH THE MOMENTUM, NEVER TRY TO CATCH A FALLING KNIFE.
Buy Today Sell Tomorrow (BTST) trades are the best in my opinion in every market conditions
- Take trades at 3:25 pm everyday
- Book...
Buy Above 54rs for short target of 55 rs 57rs 60rs
Increasing volume .
EV sector stock.
Retest successful.
Above information for educational purpose only.
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of...
Disclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
HBLPOWER takes it retest and waiting for breakout if it breaks out 61 and close above we can expect a target range of 75 and sec target 85 holding time 3 months to 6 months those time better be a investor than intraday trader
NOTE :
DONT FORGET TO LIKE AND FOLLOW
*For educational purpose only, it's not a call.
As energy sector is outperforming you may see a good up move.
Keep watching it.
Thanks!
#Breakouttrades.......
NSE:HSCL
Technical analysis: Himadri Speciality Chemical Ltd (Monthly Chart) only for educational purpose
HSCL making cup Pattern formation trade line you can see in my chart, I’ve marked red and green color as a support & resistance area.
Resistance Levels:
First resistance between 55 to 60.0
Second resistance between 71 to 76.5
Support Levels:
First...
HBL Power Systems Ltd. engages in the manufacture of batteries, power electronics and spun concrete products. Its products include batteries, power electronics, concrete products, renewable energy and engineering solutions. The company operates through the following segments: Battery, Electronics & Others. HBL Power Systems was founded by Aluru Jagadish Prasad in 1977 and is headquartered in Hyderabad, India.
NSE
