HFCL Limited Analysis Stock is near to BO zone, good volume seen on daily and weekly chart, follow chart for proper support and resistance levels.
HFCL trade ideas
HFCL - Weekly Chart Analysis8 week of consolidation seen, ~12% range and an attempt to breakout but failed. We now need at least 2 daily close above 70.15 levels for it to be considered as strong candidate and willingness to move upwards. This week we can see a gap-away candle but long wick while closing the week is a concern. 2 pocket pivots volumes back to back on daily TF signals some kind of accumulation. Still a wait and watch candidate and low cheat entry setup forming up. Will see how the price action takes place this week.
Keep it in your watchlist. If it manage to sustain above 70.15 levels then it can test the down trend line at first and then the supply zone(82-95) thereafter.
Above view stand invalid if it close weekly below 58.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade as per your own risk.
HFCL getting ready for Big moveHFCL formation of 3 rise method completed holding 64 level it can lead to big move
Great Swing Opportunity in HFCL!Good evening All!
So, HFCL Ltd has been stuck in a beautiful symmetrical tringle pattern for about 2 years now.
As we can see from chart it moves up retest it resistance, gets rejection from the trend line and retrace back to support. It's like a cycle that keeps repeating.
Right now, it's again retraced back to the support level and is trading above it. Don't you think this could be a great opportunity to buy and then sell when it tests the resistance again? It seems like we could take advantage of this special pattern! And that makes our trade little easier and less riskier.
Today, HFCL Ltd touched its support and showed a powerful upward move. I suggest we consider buying at this level and aim to sell at 82 with a stop loss at 59. Our target should be at least 82. Let's keep an eye on the stock and make the most of this opportunity.
What do you think guys, do let me know.
And if you found this helpful do consider Boosting this Analysis 🚀 so, it can reach out to more people.
HFCL - 70% RETURNS!!!BUY - HFCL LTD
CMP - Rs. 69
Target - 1: Rs. 95
Target - 2: Rs. 110
Target - 3: Rs. 120
.
.
Technicals - Bullish Symmetrical Triangle BO
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
HFCL Daily looking bullishHFCL Daily looking bullish. It has trendline breakout/inverted head and shoulder breakout with 200 ema support on daily candle. Good to buy at 70 for targets of 82,86 with sl below 66
HFCL - Anti Dumping incoming? The ministry has recommended the anti dumping duty on fibre optic cable..
It depends on how its done it could turn out to be a boom for the company.
There was massive accumulation over the last 15mins today so maybe someone knows something or a fund house has started accumulation.
Long above 69 with a stoploss below 65.60.
HFCL - SYMMETRICAL TRIANGLE BREAKOUT📊 Script: HFCL (HFCL Limited (formerly Himachal Futuristic Communications Limited))
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
Key highlights:
📈 Stock is trading at upper band of BB and given breakout of upper band.
📈 MACD already having having crossover.
📈 Double Moving Average is giving Crossover.
📈 Right now RSI is around 68.
🟢 Target 🎯🏆 - 86
⚠️ Stoploss ☠️🚫 - 68
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Happy learning with trading. Cheers!
Swing Trade hold 6-7 days Book 4.50%Trendline Breakout in HFCL
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 4-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 83
Target Price 89
Note:- I am not SEBI Registered This Trade is only educational Purpose.
Buy HFCL Short Term DeliveryBuy HFCL closing 84.95 with stoploss 77 then targets are 99-110-125+. Duration for Holding is 1-3 months.
HFCL - Volume pickupWith 5G rollouts now in full swing fiber players will see great traction. HFCL is showing super relativestrength and volumes are also picking up in the stock.
But at current price where there seems to be a nice VCP breakout (also C&H) with a stoploss below 82.
The stock could easily go to 93 and then attempt to break into ATH.
Multiple breakouts and bullishness in HFCL1.Price as given trendline breakout.(Black line).
2.Price is also moving in upper channel(Pink lines).
3.Price about to break swing high(Blue line).
4.RSI is at 62 and MACD is also positive.
Finally stock is showing bullishness in different aspect.
CHART IS POSTED ONLY FOR TRADE IDEA/ EDUCATIONAL PURPOSE. PLEASE DO YOUR OWN ANALYSIS.
The stock is getting ready for an upmoveThe stock is making an ascending triangle pattern and looks good positionally above 86.3 level (day closing basis) for targets of 90, 95 and 100.
Learn & Earn,
Dr. Tanya Kumar
HFCL TO TAKE LONG ENTRYThe stock of HFCL is going to be ready for the BO. Entry would be taken after the BO of the candle between 82 and 85 with sl of 70. once stock is successfully BO keeps trailing the SL. This time stock is ready to create new highs. Stock is clearly forming higher highs & lower lows. Hence, Very high probability of trade setup. This is for your educational purpose only.
HFCL - InvestmentPrice is near the support zone 78 - 82. Buy above 80 with the stop loss of 75. Targets are 88,94,102 and 110. Note : Consult your financial advisor before investing.
HFCL - Double Digit + Smallcap + Breakout Soon 📊 Script: HFCL (HFCL LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY SMALL CAP
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
DAILY TIMEFRAME
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD line is taking support of signal line and bounce back from there.
📈 Double Moving Averages already giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Script is going to give breakout of ascending triangle in Weekly and Daily chart.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 82.70
🟢 Target 🎯🏆 - 95
⚠️ Stoploss ☠️🚫 - 75
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
HFCLCmp 82
Sl 74
Target 100+
Positional Or short term trade looks good... Accumulation in base with volumes.... Good risk reward trade...
HFCL - Volume Contraction PatternHFCL is one of the leading companies in optics fiber manufacturing for 5g sector in India.
The company recently got approval for PLI schemes worth 652 crore as well.
Once price breaks above the neckline, we can expect fresh rally.
There is good volume spike as well on closing day, and it will be interesting to see if smart money inflow continues.
#HFCL next moveStock is making higher high and ready to break its ATH if sustain above 83, buy for TGT 1 & 2 keeping supportive trendline.
HFCL-Trendline breakout Daily Time Frame.HFCL-Trendline breakout Daily Time Frame. Entry Zone-81/83.Expect a Target-99/100.Stop Loss-76 Closing Basis. Only Educational Purpose.
