#HCC long trade idea setup 22/11/23Greetings Folks,
today I have prepared a setup of HCC on NSE
the analysis is as follows-
- the price is on a good bullish trend with efficient price action
- price is currently forming a triangle pattern
- the trendline has been tested 3 times earlier
- the price also tried to break out the equal high static resistance but failed with a wick only
- now if momentum and volume adds up, the price can break past this resistance
don't play with fire, always use a predefined stoploss
HCC trade ideas
HCC - Technically looking good #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 buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
BREAKOUT, HCC, 221% RETURNS!!!BUY - HCC
CMP - Rs. 24
Target - 1: Rs. 43
Target - 2: Rs. 60
Target - 3: Rs. 78
.
Timeframe - 6 months - 2 years
.
Technicals - Multiple Trendline Breakout
.
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.
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
📈 Exciting Bullish Pattern Alert! 🐂📊 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.
Long term-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 money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
Multibagger stock under Rs.20*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 your cash position and risk bearing capacity before following msg of our group postings. Stock market investments are VERY RISKY and being part of this group, you agree that you understand the Market risks involved. Profits and Losses are part of Share market. Kindly understand and act wisely. All viewers pls follow guidelines as applicable even in past too. Now SEBI is more strict about their actions. Pls kindly co-operate.
Disclaimer/ disclosure
👉This channel does not provide any tips/recommendations/advice
👉All updates/analysis/posts/discussions are only for education and learning purpose.
👉Do Consult your financial advisor before taking trades or investment decisions
👉Channel owner not responsible for any financial losses
👉Disclaimer/disclosure/terms and conditions applicable to all members of this channel
I am not SEBI registered.
All the posts are for education and learning purpose only.
HCC - monthly cmp 20Monthly trendline breakout + cup and handle breakout.
Monthly RSI above 60, bullish.
Monthly charts, so it may take time but can give 40-60% returns in 2023
Buying range 17-20
Targets 23-28-32 and if something even better happens, then even 40.
SL - 14 on weekly closing.(around 20-25%)
HCC --- MULTIBAGGER - 2023 HCC -- Monthly chart setup --potential multibagger 2023
1. HCC seen cup & handle breakout on monthly chart .
2. Monthly trendline breakout seen on chart
3. RSI above 60 , above wma ,RSI ema positive crossover , all bullish inidicatots.
4. potential upside from current level 50-60% in 1 year.
5. ENTRY 18-20 target 24-28-32 in 1 year stop loss 14.50
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk!
.!! WISH YOU HAPPY & PROSPEROUS NEW YEAR !!!!
HAPPY TRADING .!!