HFCL trade ideas
Strong Bounce back from the support.. daily breakout happened .Strong Bounce back from the support..
daily breakout happened ...
Buying pressure seems
HFCL good movement in up coming daysCorrection over and wait patiently for retracement. Target will be 120&180
Swing Trade pick up ✌✌✌This scrip is choosen for swing trade as it has reversal confirmation. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
HFCL HFCL trying to enter back in the previous range. If sustains above 74-75 then high probability of showing 84 again.
HFCL trend reversal after pullbackHFCL technical analysis :
1. Reversal after pullback till 0.382 levels of fibonacci retracement.
2. Strong uptrend support trendline.
3. Reversal from converging point of 0.382 levels and uptrend support trendline showing strength in trend reversal.
4. CMP - 71 ; Entry - 71 ; Target -1 : 83.50 ; target -2 : 94
Upside potential : 32%
HFCL - Falling with low volumes - shows strengthHFCL is good buy around 67 - 70 levels. Hardly any volumes while coming down. Anytime it can reclaim its glory.
HFCL BULLISH FROM NEXT WEEKTHERE WAS JUST A GAP UP FILLING ON WEEKLY CHART. RSI AND STOCHESTIC IN STRONG MOMENTUM ZONE IN WEEKLY CHART WE MAY HOPE SEEING BULLISH FROM NEXT WEEK. SINCE ON WEEKLIY CHART SELLING VOLUME IS MUCH LESS THEREFORE DO NOT AFRAID OF BUILDING NEW POSITION
HFCL TREND ANALYSISHFCL WILL TAKE SUPPORT AT 20 DEMA THAN IT WILL BOOM , RSI HAS ALSO TAKEN SUPPORT AT 60 LAVEL IN PAST
Hfcl w pattern If hfcl give the green candle in 1 hr time frame then uh should go for buy swing trade
Bullish above 37T1 = 36
T2 = 36.60
SL = 27
Looking bullish after crossing successfully 37.
Try to analyze it on your own also & correct me if there is something wrong.
Happy Trading.......
HFCL either 125+ or 67 NEXTbelow 77 it will consolidate. strong support at 66. above 85 it is heading towards 125.
HFCL
#HFCL
Optical Fiber Cable Manufacturer.
Vital role for WIFI setups for Smart City projects. it just completed Second WIFI Village in Karnataka.
Potential Targets are given for more upside levels.
Technically it gave us a breakout here. It may consolidate or it may continue with the rally which was started last month. it went up to 86% plus in 1.5 months.
19.97% in one trading Session ✌✌Boom 💥💥💥This scrip was posted in this Platform on 3rd July and today it made high of 19.97% in one trading session. I hope all our followers had benefied from this post. If you feel it benefited to you, kindly like and share to your friends. Thanks to all 🙏🙏🙏
HFCL - Rectangular Flag and Pole breakout
Entry - CMP (72.6) breakout was 67.85
Target1: 86.1
Stop Loss: 63.7 (Daily Close).
Will Update Trailing Stop loss whenever required.
Duration: 1-2 months
2nd Time Sharing this Script since it went well last time and hoping it to go well this time too, since Script has shown Slightly Stronger Technical Pattern this time. (Rectangular Flag and Pole)
Technical Stock is showing Rectangular Flag and Pole breakout with increased Volume .
Fundamentally Script is trading around Fair to Slightly Higher Valuation but since we are in bull market we can expect Over valuation of low Debt companies too.
Previous View
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Please like Share and Comment if you like our work.
Please do your Risk and Portfolio Management Properly.
