HPL ELECTRIC POWER 1W TFPrice Volume Breakout, Now at current resistance. A break beyond it can target 75.
Might even retest the Breakout level and then go further. Varied possibilities: Keep an eye.
HPL trade ideas
HPL Electric - Inverted H&S BreakoutThe inverted H&S breakout on the daily and weekly chart of HPL Electric has occurred today. The short-term price target is at 65.
HPLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Inverted Head & Shoulder Pattern * A beautiful chart set up in HPL Electric Motor Ltd. when volume is exceptionally low or high, it usually pays to take a closer look.
High volume represents that big players are participating. In this stocks inverted H & S breakout with significant volume at time of breakout .
HPL Electric LongCup and Handle Breakout possible but seeing current market scenario keep a strict stop loss and regularly keep booking profits
Clean BreakoutAnalyzed the fundamentals and technical of HPL. Everything looks good.
Do your own analysis before making any investments.
Positional Trade: resistance breakout with volumebuy above 50
Positional Stoploss 36
for swing keep Sl below 41
Target 58, 78, 94, 130, 160
HPL POWER: The Right time is Coming!💎1 Yr ResistanceAs you can see, the stock is trading very close to the 1 yr Resistance. And recent volumes have been sky high relatively since the IPO came.
