HFCL - CMP 99.00 | Dated 12Apr
Ready to fly, details are mentioned in the chart
Focus above 103| Target 118,135 and 150
This is my view and it may be biased, do your own analysis
Date 29th Feb.2024
First of all, apologies to posted little late.
1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside.
There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T.
Easy Way to Carry this trade is on monthly candle...
📊 Script: HFCL
📊 Sector: Infrastructure Developers & Operators
📊 Industry: Engineering - Turnkey Services
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 53.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 99
🟢 Target 🎯🏆 - 109
⚠️ Stoploss ☠️🚫 - 94
⚠️...
Details are mentioned in the chart.
RSI regaining strength from the bottom.
Fundamentally also, the company is performing well.
Let's wait for the next few days.
HFCL emerges as an attractive swing trade prospect, combining technical strength, breakthrough dynamics, and heightened market participation. Traders eyeing potential opportunities should keep a keen eye on these developments, as HFCL navigates its path in the market.
Reasons are stated below :
After enduring multiple tests at the 92 levels, HFCL has...
There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS}
HFCL LIMITED
Target: RS 118
CMP: RS 110.85
ENTRY RANGE: 109-112
STOP LOSS: RS 100
Disclaimer: I am not Sebi Registered.
* for educational purpose only.
Multi year breakout is happening in Hfcl.
This company involves in buisness of telecom services. They provide 5G/4G service to big players of the telecom sector.
Company is improving their buisness every quarter. Company has potential to it's previous highs in next few years.
Reliance Ltd has also increased stake in Hfcl Ltd
Huge Upside Possible In stock Price $NSE:HFCL. Breakout Comes after the 2.5 year long consolidation.
HFCL is a telecommunications equipment manufacturer based in India. The company operates in segments such as Telecom Products, Turnkey Contracts, and Others. Its product portfolio includes optical fiber cables, broadband equipment, and telecom infrastructure...
Greetings Folks,
today I have prepared a setup of
NSE:HFCL on NSE
the analysis is as follows-
- the price has made a fresh bullish structure in 15 min time frame
- the last higher high breakout failed, which means price can make a retracement to refuel the momentum
- the buying price is set under the underlying sell side liquidity orders, if they get swept, our...
Stock has made a Huge Consolidation Breakout in weekly timeframe.
Its a Buy on Dips Opportunity.
Do your own analysis and Risk / Money Management.
Targets in Chart for Short to Longterm
HFCL - BUY - ACTIVE
Chart Insights : 1Week Chart
We can see stock breaks the rectangle channel pattern with good volume and seems its retesting. If its sustain above resistance can see good move upside.
Triangles are a correction five-wave pattern (marked as A-B-C-D-E), which is divided into five types. This pattern is formed in a position prior to the final wave in an impulse or a correction.
*for educational purpose only.
HFCL has given breakout of 24 years with good volume.
RSI is also showing strength. High momentum in stock.
Good to buy for longterm.
