#HCC
CMP ₹.31.55
A Fundamentally weak stock, but technically looking good. Now stock at its 52 week high with significant volume supports. Breakout and retesting happened in 1.5 year long resistance trend line and also a cup & handle pattern. Chart is giving a hint of 60%-70% rally. Stoploss @ 27 levels.
Disclaimer : Post only for educational purpose. Not a...
HCC Cmp 21 dated 22-6-2023
1. Triangle BO @ 21.40
2. Price Rise with Volume Rise
Buy above 21.40 target 22.50-23.60-25-27-30
SL 18
It is just a view, please trade at your own risk.
BUY - HCC
CMP - Rs. 24
Target - 1: Rs. 43
Target - 2: Rs. 60
Target - 3: Rs. 78
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Timeframe - 6 months - 2 years
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Technicals - Multiple Trendline Breakout
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Note: There were multiple bulk deals in the past 4 weeks made my multiple traders and brokers. This coincides with its recent uptrend and 2 breakouts. I am predicting a trend for the future.
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This is...
📊 Pattern: Ascending Channel
📌 Symbol/Asset: HCC
🔍 Description:
Moment Stock with Strong Channel Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
-cup and handle pattern --->>A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long
--Buy above 23 for target 40+
--good for long term
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned...
HCC is now in a bullish mode. Two year long resistance trend line has been broken. Waiting for retest. If it survives then 50 levels can be accomplished soon.
HCC is changing its trend to long term bullish side.
given breakout already.
from last few month big volume action.
we can hold for more than 200% return.
target are already mentioned on chart.
only for educational purpose.
do your own research.
HCC is giving a Bollinger Band breakout with huge volumes. MACD and RSI are indicating a big momentum in coming times. Support is 18.50. Further infrastructure sector is also bullish. So after doing EIC (Economy, Industry and Company) analysis it looks like multibagger stock.
HCC is inching closer to the longtime monthly counter trendline. Strong close above can lead to further upmove.
Entry - Close above 19.75
Target - 15% - 36%
SL - 16.70
Views are personal, study the stock & trade responsibly.
HCC can be a Hero or Zero. Technically this looks like a turnaround story, targets can be in the 3 digit range if this moves. Only put capital which you are ready to lose entirely.
Its forming a cup and handle pattern on monthly time frame.
*KIND ATTENTION ALL :*
Disclaimer from Admins as per SEBI norms: Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. This channel is only for Educational and Learning, Knowledge Purposes. Channel owner have no responsibility for your intended decision & financial losses. Keep calculated & always analyzed...
HCC Swing can be taken for following reasons
1) Weekly Timeframe is Bullish
2) Daily Timeframe has tested structure
3) 4HR timeframe also turned into bullish structure
