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.
THIS VIEW OF MINE IS PURELY BASED ON TECHANICALITY OF CHART, BEWARE OF NEWS.
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