HFCL traingle breakout?HFCL sustain on level 128 since 10 days, waiting for breakoutLongby nitinkjaiswal4
SWING TRADE HFCL HFCL looks good above 152 breaking out with volumes creating higher and higher low moving in a uptrend momentum consolidating just before breakout can be good swing trade.Longby venturacapitals8Updated 1118
HFCL BEST FOR S1 AND S2 BUY THIS LEVELHFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable (OFC)Longby Darshan_Mehta1
HFCL LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh2
Go long in HFCLGO long in HFCL if it close above 131.50 on daily time frame. There is a trendline breakout in HFCL. On the upper side, we can expect targets of 141,146,152,160. Only above 131.50Longby Parveen_Verma6
In-Depth Analysis for HFCL (Weekly Chart)Symbol: HFCL Timeframe: Weekly Technical Analysis HFCL is currently trading at 127.83, showing signs of potential reversal. The price has found support at a historical demand zone around 120-125. This zone has previously acted as a strong support level, halting bearish momentum and creating buying opportunities. Observing the trend and volume suggests a possible bounce from these levels, but confirmation is necessary. Key Observations 1. Support & Resistance Zones: Primary Support: 120-125 level, which has historically held strong and could lead to a reversal. Resistance Level: 140 level, which may act as a significant barrier if the price starts moving upward. 2. Volume Analysis: The recent bars show a decrease in selling volume near the support level, which might indicate that sellers are losing momentum. Watch for a volume increase to confirm buyer interest if the price breaks upwards. 3. RSI Analysis: The RSI is currently hovering near the 40-50 range. This is generally seen as neutral to slightly oversold territory, and a bounce from this level could indicate strength. Look for the RSI crossing 50 for potential bullish confirmation. 4. Potential Trade Setup: Long Position: If HFCL shows bullish reversal signs around the 120-125 support zone, consider an entry near 127-130. Target: The initial target could be set around 140, with an extended target near 150 if momentum continues. Stop Loss: Place a stop loss below 120 to protect against downside risk. Trade Execution Plan 1. Entry: Wait for a bullish candle close on the weekly chart within the 120-130 zone. A breakout from this zone with increased volume could also be a signal to enter. 2. Risk Management: Use position sizing to manage risk. The stop loss should be strictly below the support level at 120 to minimize losses. 3. Targets: Aim for 140 initially. If momentum is strong and HFCL breaks above 140, consider holding for the next resistance at 150. Potential Scenarios 1. Bullish Breakout: A confirmed close above the 130 level with volume may initiate a strong bullish trend towards the targets. 2. Failure to Hold Support: A weekly close below 120 would invalidate the support zone and suggest further downside potential. #HFCL #TechnicalAnalysis #SupportAndResistance #VolumeAnalysis #WeeklyChart #TradingSetup #StockMarket #SwingTrade #PriceAction by TradeAXN4
Price Action - HFCLCurrent Price Action The stock has recently shown a bounce back movement from its support trendline, indicating potential strength and buyer interest. The recent high-high and high-low formations suggest strong interest in the stock, coupled with an increase in volume, which can be a bullish sign. Volume and Momentum Increased volume during the recent bounce back suggests strong participation and interest from buyers, which is a positive sign. Growth Perspective and Fundamental Analysis Product Portfolio and Diversification HFCL Ltd. has a diverse product portfolio including Optical Fiber Cable (OFC), WIFI solutions, cloud-based network management systems, and more. This diversification reduces dependence on a single product and enhances growth potential. The company serves multiple sectors such as telecom, defense, railways, utilities, and security & surveillance, both in the private and government sectors, which provides a stable and growing revenue base. Conclusion From a price action trading perspective, HFCL Ltd. shows signs of potential upside with the recent bounce back from support levels, increased volume, and bullish technical indicators. However, it is important to monitor the short-term bearish signals and adjust trading strategies accordingly.Longby stocktechbot5
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. Shortby rg739847333
HFCLHFCL Trading at all time high 10-20% from this can be expected, also high volume is seen in this counter.Longby trade_with_mahesh5
HFCL Breaks Out: Bullish Momentum Ahead➡️ Bullish breakout above ascending trendline ➡️ Next target: ₹160 on the upsideLongby GlobalMarketGuru6
Darvas Box Strategy - Breakout StockDisclaimer: I am Not SEBI Register adviser, please take advise from your financial adviser before investing in any stocks. Stock has given break out buy above the High and do not forget to keep stop loss best suitable for swing trading. Keep this stock in watch list. Target and Stop loss Shown on Chart. Be Discipline, because discipline is the key to Success in Stock Market. Trade what you See Not what you Think.by AnsariTV3
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. ✅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!🥂Longby radha_23Updated 9
#hfclHFCL, Stock was in consolidation phase from from July-2021 to Jna-2024 and then given a breakout on weekly chart, now near breakout retest support zone. Buy near 90 with stop loss 80 on DCB, Target should be 120-125 in next 3-6 Months.Longby Ca_rakeshUpdated 7
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. Longby GlobalMarketGuru7
HFCL Long#HFCL is technically looking bullish after it made two retests of the breakout level, 108.Longby sandeepnetalkar6
HFCL Long#HFCL is technically looking bullish after it made two retests of the breakout level, 108.Longby sandeepnetalkar0
HFCL Ltd - Strong Bullish Momentum (Buy & Hold)HFCL Technical Analysis:- As per previous chart history and current chart pattern, this is the best time to buy this stock as HFCL appears to be in a bullish trend based on several technical indicators. Buy HFCL at CMP@129 or wait for a dip to enter in the buy trade. Nearest Target: 140 Maximum Target: 200+ Here's a breakdown: Positive Signs of HFCL: Moving Averages: Both short-term (e.g., 15-day, 50-day) and long-term (e.g., 50-day, 200-day) moving averages are showing an upward trend, indicating bullish momentum. PRice Action: HFCL recently made a new one-year high, signifying strong buying pressure. Breakouts: Positive breakouts above resistance levels are observed on charts. Oscillators: While some oscillators might provide neutral readings, others like MACD hint at a mildly bullish trend. RSI: The Relative Strength Index (RSI) might be hovering near the overbought territory, suggesting a potential pullback in the short term. Overall Trend of HFCL:- The technical analysis of HFCL is predominantly bullish. The moving averages, price action, and breakouts all point towards an upward trend. However, a slight caution might be warranted due to the RSI nearing overbought levels. Here are some additional points to consider: My Personal Opinions:- Limited data is available, but some sources suggest a target price as high as 140.00. News and Events: Keep an eye on any relevant news or events that could impact the stock price. Remember: This analysis is based on publicly available information and should not be considered financial advice. It's crucial to conduct your own research before making any investment decisions as I am not SEBI registered person Thanks for your support as alwaysLongby ForexTrader4all9
HFCL Big Base Breakout - Target 160 << 175 << 200Big Base Perfect Cup and Handle Chart with good volumes - Retest also doneLongby Mr_Market_Stallion_Equity7
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:)Longby rohix11
Hfcl ltdPrior trend up HH HL retracement till 50% Fibonacci levels Hidden bullish rsi divergence Avwap squeeze Crossed 10 ema with volumes Longby Rah3432
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. ThanksLongby rohix6
HFCL - Go long above 120www.tradingview.com Entry above 120, will add on dip till 100 Target 130 , 135 SL close below 80 Holding period 5 days, close the trade if given 4% profit of deployed capital Standard Disclaimer :- This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.Longby ashikb1987Updated 10
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. Longby poornachandharUpdated 17