HDIL looks really interesting it forms ascending triangle in Daily chart which may result in breakout....but in Monthly chart it form descending triangle so if it break its long term support i.e. below 54 might result in breakdown....
I am looking this range bond stock , Close above 64.30 can lead further higher high Till 68.40 and brake below the Current range can lead to 57 Regards
HDIL at very very critical level. Aggressive Screen Traders can buy this with small SL. Exit on weekly close below 50
HDIL witnessed huge down and upside today with heavy volume looks another 10% upmove is left, risky folks can buy this script for short term gains.
A Doji formation can be seen on HDIL daily chart and stock is currently trading at more than 2 year low a possible reversal can be happens so a risky buy can be done for short term above 62 level with Target- 68/74 with stop 56-58 area. Its risky because its not a clear hammer formations neither volume support at this level. wait for close above 62 than go for long.
HDIL is rushing towards long suport. Squeeze burst indicates burst towards short side, and can be a good positional short candidate till 62. Entry price - 70 Target - 62 Stoploss - 72 clbs
Bullish FLag and Rounding Bottom, HDIL may be hit 100 in coming weeks. Strict SL 70
It is been observed on the daily chart that the price action breaks the trendline and moving upward, indicating buyers comeback. Target1: 92 Target2: 95 SL: 85
A beautiful triangle on the verge of a breakout.Not much explanation required.One can go long at cmp 87 for first target on the upper end of the traingle. Stop loss 85 If breakout on the upside(which is most likely) then targets are - 95 and then 100. If breakout on the downside then targets are - 82 and then 75.
One can buy HDIL for target of 90 & 92. SL 87.
Elliot impulse wave could be seen due to retracement seen twice from support levels If movement bullish, Can aim for Short TP towards resistance 1 = 92, 94 %william indicator is seen to be oversold SL = Support level (mentioned in chart) Do take this as opinion
HDIL : @ 87.7 Best LONG: @ 86.5 -@ 84.6 Possibilities: #1. Last LEG of Bearish BUTTERFLY (i.e Formation of Point "D" ) #2. +VE Triangle BREAKOUT . #3. LH - HL Formation. All SUPPORT / RESISTANCE Plotted in Chart. If you think this post enrich your knowledge and would help you in trading, Please don't forget to Hit / Click the Like button. Your likes...
HDIL CMP 88.40 The stock has seen some correction from 94 odd levels Holding 89-87 zone (buy zone) the stock can again aim higher for targets of 93 and above that 100+ A close below 84.80 on closing basis should be considered as Stop loss Do review your trading plan and plan your trade accordingly...!!! Take care & safe trading...!!!
HDIL hourly shows a BAT pattern completion. But by the time we noticed it, its already near the first target. So Risk-reward is not in our favor for the current CMP to enter. A test of 92.5 should give a good entry. SL 96.3 TARGET: 88.9/85.01/TSL ROR analysis for entry at 92.5 Entry 92.5 SL 96.3 Target 1 88.9 Target 2 85.1 Reward min 3.6 Reward...
HDIL has made a cup with symmetric triangle formation ...and somewhat at bottom trendline, looks like a double bottom... If it gives breakout and crosses the resistant line then we may see big upside.... Short term target are 92/95 SL 90 I will update longer target if breakout happens.. :D Note: Do your own study before making any position... Please...
This trend line indicates something , which i do not know common name , many called it as Rising wedge ??!! , its OK many love it with their names so let them call it as they like I am viewing it as it failed to hold or close above the Ascending Psychological Price action line so lets party Cheers