HFCL Ltd. Resistance Rejection Sell Setup - 5:1 Risk-Reward Rati
Description:
This setup on HFCL Ltd. demonstrates a resistance rejection pattern with a focus on high-probability sell trades. The steps in this trade idea are as follows:
Candle Identification: We start by identifying a candle that has closed above the all-time high.
Candle Confirmation: The next two candles should close below each other, confirming a resistance level.
Resistance Confirmation: The continued closing of candles below resistance indicates strength in the rejection of this level.
Sell Execution: A sell trade is initiated as per the strategy, with a stop-loss placed at 160.00 and a risk-reward ratio of 5:1.
The target for this trade is set at ₹139, and the stop-loss is placed at ₹160. This setup provides a clear framework for executing trades with proper risk management.
HFCL
Keep An Eye - Channel Breakout - HFCL📊 Script: HFCL
📊 Sector: Infrastructure Developers & Operators
📊 Industry: Engineering - Turnkey Services
Key highlights: 💡⚡
📈 Script is trading into a upward moving channel and about to give breakout and 52 week high keep an eye on stock if stock is giving breakout we may see some good rally.
📈 One can go for Swing Trade.
BUY ONLY ABOVE 135
⏱️ C.M.P 📑💰- 132
🟢 Target 🎯🏆 - 150
⚠️ Stoploss ☠️🚫 - 127
⚠️ 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.
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HFCL Ltd (HFCL) Breaks Out with Strong Volume
Breakout confirmed with a bullish move above the resistance level.
Significant increase in trading volume, indicating strong buyer interest.
Critical support level established as a strong base.
RSI approaching overbought territory, suggesting potential for further gains but also warranting caution.
Did you buy HFCL?As published in the previous post,
HFCL did retest and is now trading at 12% higher than reco.
A safe zone to buy was 113 - 114.
I personally bought at 110.
TARGETS?
If you are a short term trader, looking for quick profit, consider closing partial quantity at CMP and rest at 127.
If you think you can hold it and you are fine with your capital invested here, your target is 140, 160, 220.
I will be holding, will buy on dips if it comes.
Happy Trading:)
A good time to accumulate HFCL?• HFCL is trading at around it's all time high.
• The fundamentals are quite good.
• A breakout on February failed and the prices fell and since February it was trading in a range.
• Finally on 12th June it broke out with promising volumes and now has come down to retest it's breakout level which is between 108.80 - 111.50.
• One can observe the markets tomorrow and plan their entry. Although an entry around 113.50 - 114 should be more convincing.
• Buy and hold it. If the prices fall down, if you can't handle the risk, exit and buy on dip at lower level.
• On dips, first buying zone is around 90. The second is around 84-82.
• Invest doing your own analysis. Thanks
Expected 65% return in HFCL and make a new ATHHFCL seems strong closing in weekly
breakout in weekly triangle rally may continue further upto 65% and make a new all time high
Volume also in increasing in past weeks
Keep a look into this.
Note*- The views expressed are based on personal observations/opinions. Please do you own research before making any trading decisions.
HFCL Ltd.*HFCL Ltd_Z*
Rising F&F Formation on Yearly Basis.
Strong Price BreakOut & Sustained
Strong Vol Consolidation & Continued Traction.
RSI: 1H>D>W<M. All in Bullish Zone.
EMSA: Widening Gaps amongst 20/ 50/ 100/ 200 levels.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do Your Own Research as well. This is an Opinion.*
*_Happy Investing_*🤓
Double Digit Stock - HFCL📊 Script: HFCL
📊 Sector: Infrastructure Developers & Operators
📊 Industry: Engineering - Turnkey Services
Key highlights: 💡⚡
📈 Script is trading near middle band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 53.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 99
🟢 Target 🎯🏆 - 109
⚠️ Stoploss ☠️🚫 - 94
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
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!🥂
HFCLNSE:HFCL
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
detailthis new style of intriguing stock chart
trying new ideas for study purpose
stock hve symmetrical triangle pattern breakout
This volume high has never been charted by a volume comparator.
volume-building indication is that massive move can occur from this stock
stock moving long consolidation so can adanvance move
Now the market condition is bullish, so stock gives a bull run
HFCL - Double Digit + Smallcap + Breakout Soon📊 Script: HFCL (HFCL LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 / NIFTY SMALL CAP
📊 Sector: Telecommunication
📊 Industry: Telecom - Infrastructure
DAILY TIMEFRAME
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD line is taking support of signal line and bounce back from there.
📈 Double Moving Averages already giving crossover.
📈 Volume is increasing along with price which is volume breakout.
📈 Script is going to give breakout of ascending triangle in Weekly and Daily chart.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 82.70
🟢 Target 🎯🏆 - 95
⚠️ Stoploss ☠️🚫 - 75
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
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!🥂
HFCL (Swing):HFCL (Swing):
A 30-50% up move is on the cards for swing.
Keep adding in chunks while script falls back to support at 65-70.
Appropriate support, demand zone, resistance and targets are highlighted.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.