📈 Stock Name - Hpl Electric & Power Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 380.
🚨 Disclaimer: This is not a Buy or Sell...
NSE:HPL
✅ #HPL trading above Resistance of 290
✅ Next Resistance is at 396
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not...
HPL
1) Time Frame - Monthly. Kindly change the time frame to weekly for better understanding.
2) After consolidating at its IPO base level / Previous All Time High for 5 months the stock has broken out and closed with strong bullish candle & volume.
3) As It is a cup pattern breakout the target as per the cup pattern would come around the price (1860) in the long...
On daily chart
Stock trading above 271 and is building up with volumes.
200-210 was an important support for the stock it rebounded from the levels and now spurting.
One can hold it for 350-370 in short term.
Disclaimer - just for education purpose not a recommendation, please ask your advisor before investing.
No substantial momentum until it supports on 204 on (10th oct or 2nd week of Oct 2023) till then sideways, if sustains on 204 marked in the chart then 272 is next ( 4th Dec 2023 )
1000 ( May - June 2025 )
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
HPL Electric - Breakout cup pattern : This is Breakout pattern and formed after long time. This is my personal study and not a recommendation for buy and sell. Kindly do your own analysis.
The Company has significant presence across five key product verticals of electric equipment – metering solutions, modular switches, switchgears, LED lighting and wires
and cables. It caters to a wide spectrum of customer segments, such as power utilities, government agencies, and retail and institutional customers, with a strong brand recall as a trusted...
HPL Electric is getting electrified for the target of 400. Once 216 is taken decisively on weekly basis. it will fly with the intermediate targets as given in the chart.
This is not a buy recommendation.. For educational purpose only.
NSE:HPL
✅ #HPL trading above Resistance of 155
✅ Next Resistance is at 290
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not...
HPL corrected approximately 91% from its IPO price of 198 to reach 18.35 on 13th March 2020. It then took support at lower trendline of descending channel and has risen by 385% in last 3 years.
The scrip has been falling in a descending channel ever since its Listing. It broke out of that channel on 30th Sep 2022.
Entry: Only above 92
Stop Loss: 85.50(daily...
