Bullish pattern breakoutThe stock recently broke out from an ascending right-angle triangle pattern on the weekly chart, and this breakout was accompanied by notable volumes. The pattern suggests a potential continuation of the upward trend. Traders may find this breakout, especially with strong volume support, as a promis
1.25%
23.10INR
−20.13MINR
55.35MINR
About HB STOCKHOLDINGS
Sector
Industry
Headquarters
Gurgaon
Website
Employees (FY)
8
Founded
1985
ISIN
INE550B01022
HB Stockholdings Ltd. operates as a non-banking financial company, which engages in investing, sale, and purchase of securities. The company was founded on July 30, 1985 and is headquartered in Gurgaon, India.
HBSLWeekly Chart Analysis:
1. Chart similar to NSE:XELPMOC, after long wedge pattern breakout...we saw strong bullish candles. Highest volumes also seen during last few weeks. Right now looks like it has absorbed all trapped sellers around 22 levels. Trading above its like time high.
2. Big Cup and Hand
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