HFCL | Multiyear Breakout📊 Details
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).
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HFCL trade ideas
BREAKOUT IN HFCL📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF HFCL :-
•Breakout of symetrical pattern on WTF with strong candle
•Break counter trend line and
•Volume increases last few weeks high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
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📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Given 3 year old trendline breakout with volumesThe stock has given a 3 year old trendline breakout with volumes and now testing previous swing high of 81.
If it gives a closing above this level then further move can be expected. Will be nice to see how price action works after 3 years of consolidation.
This is not a BUY/SELL recommendation.
This idea is for Educational Purpose only!
Learn & Earn,
Dr. Tanya Kumar
HFCL: beginning the climb to 100++NSE:HFCL
cmp is 74
beginning the climb to 100++
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
HFCL - Bullish Swing Reversal with VolumesNSE: HFCL is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
HFCL (Ready to give 25% return)Stock Name-HFCL
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Risk taker enter at CMP with the SL of 62 (Below closing in daily)
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Mid to Long term pick.
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Above BOS more to go.
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I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Exciting Bullish Pattern Alert! 🐂 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: HFCL
🔍 Description: Overall stock is moving up in Rising channel and forming small Rising Channel.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
HFCL Breakout Soon CandidateHFCL Ltd 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.
The recent anti-dumping duty imposed by Govt. on the import of optical fibre cables and 5G technology being implemented across India has brought this company into the limelight. The company has a strong association with Reliance Jio Infocomm Ltd and has been responsible for network planning, design and implementation of its network for the Northern region of India. MD of the company; Mr. Mahendra Nahata has been on the board of RJIL since 2010.
HFCL has also diversified its business and forayed into telecom equipment and Wi-Fi protocol equipment manufacturing.
Revenue Breakupa s on Oct 2022,
Public Telecommunication accounts for 76%, Defence Communication and Electronics 21% and railway Communication accounts for the remaining 3% of its revenue which is a good sign.
I am very bullish on this company as future prospectus look bright.
HFCL WEEKLY CHART BREAKOUTHFCL WEEKLY CHART BREAKOUT
:: Data Point ::
Breakout Level: @79.00
1st Target: @86.50
2nd Target: @93.50
Stoploss: @70.00
HFCL creating Triangle Pattern and about to breakout @79.00
If it's breaks @79.00 and sustain above the price then go for LONG Position.
Note: Price already trade above 100 and 200 EMA with Good Volume.
HFCL HFCL :- stock is going to give breakout watch stock
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 successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.