HFCL NSE
Atualizado
Date 29th Feb.2024
First of all, apologies to posted little late.
1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside.
There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T.
Easy Way to Carry this trade is on monthly candle closing basis above 5 ema.
Further on this after breakout.
Thank You!
First of all, apologies to posted little late.
1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside.
There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T.
Easy Way to Carry this trade is on monthly candle closing basis above 5 ema.
Further on this after breakout.
Thank You!
Nota
Monthly Closing will be Important, it will try to recover from this point for monthly closing.Nota
As I mentioned in last comment it will recover before monthly closing and HFCL price close above 5 EMAs (1M).Also In Weekly TF, there is Bullish Hammer, So from Now Closing Below Hammers Low on weekly Closing is Stop Loss for HFCL.
Nota
with more than 4% move in the morning, it again touches 100 Rs Today and seems like chancing of good weekly closing at the end of the day.Nota
'LAZY BUT NOT LOSER'Thats what I will say for HFCL :)
Nota
Though 92 Rs. works as a good support in smaller TF.Nota
Again, I want to say "LAZY BUT NOT A LOSER"Today, finally its move strongly upside and also its last date of April Month too.
I am noticing from past few weeks HFCL is trying to hold good price levels so I was expecting at end of the month it will become volatile.
T1 soon!!
Nota
95 to 96 Rs is nearest good support.2nd one is 92 Rs.
Nota
HFCL is atPrev Support + 100 EMAs Support in a Daily TF
Nota
Likely to Retest from 94 93 Rs before go upsideNota
Staying above 100EMA or 50 EMA in Multiple Time Frame is always works, we just have to maintain conviction on our study,T2 160+ Remaining.
Nota
Recapture Pre-Election Price pointmany Targets Are pending.
Trade ativo
Reach T1 one more time T2 167 Rs will be next Target
and Further will Revealed T2.
Nota
GOOD GAPUP Can Retest on 117 Rs
or Else
Next Stop 160+ Rs T2
Nota
Retested 116 117 Rs price point as expect can avg if someone want to.Above 112 Rs is safe for HFCL.
Nota
MORE THAN 50% of Pole Target is achieved!!!Nota
- Seems like M Closing is going for better compared to previous MonthNota
Good Action for Today
Soon Can Break Prev Significant High
Nota
Breakout!!!!
75% Target Achieved ❤️
Trade ativo
50 +% Return So Far 🤩
7 months but Worthy to be Patient 👍💖
Trade ativo
Nearest Support 131 Rs✅
Next Target 225 Rs ⚠️❗
Aviso legal
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