HUDCO trade ideas
HUDCO - BreakoutGo Long on HUDCO
Target mentioned on chart.
Stop Loss - Closing below 53.65
Note - Do your own research. This is not a recommendation it is just a study. Trade at your own risk.
]DAILY SWING CALL // Tuesday 25th of May 2021 // NSE: HUDCODAILY SWING CALL // Tuesday 24th of May 2021 // NSE:HUDCO
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 49
TARGET: 57+ (15% Around)
STOP LOSS: 44 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
On the verge of breakout ✌✌This scrip is ready to break the resistance and expected to give breakout. So traders keep on your radar to n catch the momentum.
Hudco Cup and Handle BreakoutPositional Trade(4-5 weeks): HUDCO has broken out of a cup and handle pattern.
Buy: HUDCO
CMP: 57
Target: 70
Stop Loss: 50
HUDCO LONG/SWING TradeLevels are on the chart. This is only for educational purpose. Do a deep analysis and invest.
HUDCO. Risk:5% Returns:50%Hudco is forming a wonderful set-up,
It is taking solid support at Ascending TL as shown in the chart
and also it has given Triangle pattern BO which gives double confirmation to enter on the long side.
Risk is very simple 5 % below the Trend line and Returns would not be less than 50%.
Mantra:
> We will only enter a trade when there is low risk and high reward.
> We will only enter when we are 100 % confident.
Hudco is showing signs of reversal With positive volumes and RSI & MACD Giving positive signal. Good upward move can be expected in hudo.
HUDCO - GO LONGtriangle breakout positional target 50 in few days
HUDCO gave a breakout, immediate target 50-51, SL 45
Positional buyingLast year 2020 to till now respect the parallel trend line ..now in support line near cup pattern formation going on...keep on eye...now creating cup handle when crossed 47range itz definitely going to touch next resistance line...
Target 1- ( 52)
Target-2 - (60)
Just 1or 2month
Bounce off the trend line Beware of the short term down trend. Will update on entering. High Dividend Yield Stock. May hold for long term.
HUDCO "LONG"in weekly timeframe BREAKOUT can be seen in HUDCO, cleared the hurdle/strong Resistance of 46.55-47.50 zone or levels. if manages to sustain above 46.55 lvl or if doesn't close below that level on weekly timeframe can make a long position for short term or mid term for the above given targets. OR if you trade on BREAKOUT method can enter on candle closing above 51.20 , probable movement is shown in fig, STRICT stop-loss should be on candle closing below 43.75 lvl.
THIS VIEW OF MINE IS PURELY BASED ON TECHANICALITY OF CHART, BEWARE OF NEWS.
