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
Monthly 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 -- 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...
HCC:- The stock has given a breakout by forming a head and shoulders, keep on radar.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the...
HCC -- DAILY CHART -- POSITIONAL
1. stock cuttrently trade at upper channel
2. lower support at upper channel doji trend reversal candle seen last closing session . stock likely to reverse trend from here to upside
3. channel support seen around 12 level and resistance seen around 15 level
4. 200 HMA support seen at 12 level as strong support buy can...
As per Harmonic PRZ pattern there's both possibility of uptrend & downtread from this level in HCC. Let's see in future where the price will be. Go above 18 or touch 14!!!
Doji act as a trend reversal near a well defined boundary above 200 Day Moving Average .
But price must sustain above #doji high
#HCC Daily chart setup
According to chart anylasis its make a flag pattern. If it break Rs.19 with increasing volume then shrp rally become. So buy 19 or above for target 30++ and keep stop loss 15.
The stock is moving up gradually.It is facing resistance on the upper side. The RSi is gradually rising and is presently above 50 so an up move is expected. See charts for targets
