HBLPOWER potential breakout Base on Base setup.
Breakout with good volumes.
Taking support on 20EMA.
High relative strength.
HBLPOWER
SWING IDEA - HBL POWER SYSTEMSHBL Power Systems , a leading battery and power systems manufacturer, is exhibiting technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
Break of Symmetrical Triangle Pattern : The price has broken out of a symmetrical triangle pattern, indicating a potential bullish trend continuation.
Bullish Engulfing Candle on Weekly Timeframe : The recent formation of a bullish engulfing candle on the weekly chart suggests strong buying pressure and the potential for further upward movement.
Closed Above 560 Resistance : The stock has closed above the 560 level, which was a crucial resistance zone, indicating strong bullish momentum.
Higher Highs : The stock is consistently making higher highs, reinforcing the strength of the upward trend.
Trading Above 50 and 200 EMA on Weekly Timeframe : The stock is trading above both the 50-week and 200-week exponential moving averages (EMA), reinforcing the bullish sentiment and providing strong support levels.
Trading at All-Time High : The stock is trading at its all-time high, suggesting strong market confidence and potential for further gains.
Target - 655 // 755
Stoploss - weekly close below 495
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MACD Crossover Swing Trade📊 Script: ADANIPOWER
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑💰- 628
🟢 Target 🎯🏆 - 668
⚠️ Stoploss ☠️🚫 - 611
📊 Script: HUDCO
📊 Sector: Finance
📊 Industry: Finance - Housing
⏱️ C.M.P 📑💰- 233
🟢 Target 🎯🏆 - 246
⚠️ Stoploss ☠️🚫 - 228
📊 Script: JSWINFRA
📊 Sector: Marine Port & Services
📊 Industry: Miscellaneous
⏱️ C.M.P 📑💰- 259
🟢 Target 🎯🏆 - 278
⚠️ Stoploss ☠️🚫 - 250
📊 Script: METROBRAND
📊 Sector: Leather
📊 Industry: Leather / Leather Products
⏱️ C.M.P 📑💰- 1081
🟢 Target 🎯🏆 - 1153
⚠️ Stoploss ☠️🚫 - 1044
📊 Script: HBLPOWER
📊 Sector: Auto Ancillaries
📊 Industry: Auto Ancillaries
⏱️ C.M.P 📑💰- 521
🟢 Target 🎯🏆 - 559
⚠️ Stoploss ☠️🚫 - 504
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
HBL POWER - FRESH ATH MOVE?HBL Power offers a good setup in the extreme short term and has managed to hold on to key support levels despite global uncertainty and volatility.
With the stock respecting the 0.618 levels and consolidating above it, it setups itself nicely to break its ATH and resume its momentum.
#HBLPOWER LONG TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of HBLPOWER on NSE
the setup is as follows
- the price is in good bullish rally and is now consolidating
- forming a some kind of pattern as depicted
- major support marked under the pattern
- 2 types of entries possible as marked
dont play with fire, always use predefined stoploss
HBL POWER SWING TRADING STOCK:
HBL Power Systems Limited is one of the world’s leading manufacturers of advanced-technology batteries (Lead Acid, Nickel Cadmium & Special Defense) & DC systems for various industries.
4Times SUpport from Trendline on DAILY Timeframe and also 200MA Support but Facing Resistance on1Hr TF.
Track this stock for few days.
HBLPOWER - Low Risk High Reward Trade The stock is trading around its all-time highs, and the trend is positive. We can consider this trade as a retest of a breakout; it will be low risk and big profit.
HBL.. Longterm ProtfolioHBL..Long>> Buy around 107/CMP, STOP-85, HBL is retesting its weekly breakout zone.
HBLPOWER Channel Breakout HBLPOWER Channel Breakout Trading at ATH, strong fundamentals provides attention.
I am confident at stock that it will fly soon.
Not a buy call, sharing for educational purposes only i am not SEBI REGISTERED ANALYST.
Investment Pick--HBL PowerVery good Investment Pick as it broke out all highs with good amount of volume
Target and SL is mentioned in the chart.
Top Swing Trade to Look For Next month | HBL POWERHBL POWER SYSTEM IS ON GOOD SUPPORT AND CAN BE THE BEST TIME TO ACCUMULATE FOR GOOD RETURNS.
HBL Power SystemsSelf Explanatory.
*****
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