HFCL with EPS growth can make move from here?HFCL is in business of telecom infrastructure. With huge expansion of 5G and Reliance subsidiary JIO, Airtel, Indus Tower doing good, HFCL shareholder can also enjoy the piece of pie too.
- With making HHs n DTL (Down Trendline) testing 3rd time, BO (Breakout) can happen.
-Green Vol > Red Vol
-Better n cheat entry was in 97-98 range when "Signal Candle" gave Strong Start (SS: when stock starts gap up n not/barely touching previous day low (PDL))
Lets see how it perform.
HFCL trade ideas
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Double Digit Stock - HFCL📊 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
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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2 decades breakout * 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
#HFCL long trade idea setup (08/02/24)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 trade can play well
don't play with fire, always use a predefined stoploss
HFCL-An investing stock for open targets!HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable . (Source:-Screener)
With growing 5G and Gigafiber demands, HFCL has a big future ahead and chart suggests the same. Stock had given 20 year consolidation breakout back in 2021 but since then, stock formed a flag for 2 years which further would have frustrated its old investors.
However, last couple of months have been phenomenal for the investors as stock finally managed to break the flag and given weekly closing above the psychological resistance of 100.
Definitely a long term buy for investing at dips(till 80) with monthly support near 65.
HFCL | Multiyear Breakout📊 DETAILS
Sector: Telecommunication - Equipment
Mkt Cap: 11,823 cr
HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC).
TTM PE : 38.67 (High PE)
Sector PE : 53.06
Beta : 1.35
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.32% away from 52 week high
Outperformer - HFCL up by 24.06% v/s NIFTY 50 up by 9.5% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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HFCL Box breakoutHFCL on weekly TF has made a extremely bullish candle breaking a multiyear box consolidation.
Entries can be made on current price but the SL will be big, so make multiple entries if price retraces and consolidates and try averaging.
FINAL Stop Loss @80/-
TARGET 150-160
Ride the breakout with the help of 20 and 50 EMA on daily TF.
Operator might double bluff us by making a "fake" fakeout in coming days/weeks OR it will launch like a rocket and you won't be able to catch it and suffer from FOMO :p
HFCL Simple Price Action
Formed InsideBar in weekely Time frame
Gave Powerfull Breakout Of Inside Bar with Strong Volume
Looks Good For Swing Trade
Trading at 99
Keep sl at 80
Target can be 160
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
Multi Years Breakout and Consolidation Breakout seen in HFCLHello Guy's i hope you all will be doing good in your trading and in your life as well. I have brought another stock which was in long multi years consolidation zone, later on june 2021, it has given breakout, and since 2 and half years it was consolidating in a short range, but now it has given short consolidation area breakout as well. There is higher probability we can see mulifolds returns from here in this stock, This is really giving good entry for short term as well as long term.
Price is above 200-DEMA
MACD is giving bullish crossover
Stock has already given breakout of consolidation area.
So, everything looks positive about this stock. HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC).
Market Cap
₹ 14,245 Cr.
Current Price
₹ 99.7
High / Low
₹ 101 / 55.8
Stock P/E
46.6
Book Value
₹ 24.9
Dividend Yield
0.20 %
ROCE
15.2 %
ROE
10.2 %
Face Value
₹ 1.00
Industry PE
41.0
Debt
₹ 896 Cr.
EPS
₹ 2.20
Promoter holding
37.8 %
Intrinsic Value
₹ 37.4
Pledged percentage
44.7 % (This is negative)
EVEBITDA
21.8
Change in Prom Hold
0.00 %
Profit Var 5Yrs
12.2 %
Sales growth 5Years
8.01 % (Sales is less)
Return over 5years
34.7 %
Debt to equity
0.25
Net profit
₹ 326 Cr.
ROE 5Yr
13.2 %
Profit growth
8.59 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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