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 trade ideas
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.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
HFCLClean breakout was spotted. Entry cannot be recommended at current level as stoploss is too wide now. One can wait for some pullback/ restest or can look for opportunities at lower timeframes in weekly or daily. Market is at all-time highs, stay alert and always keep an eye on overbought RSI levels for timely exit.
Disclaimer: Intended for educational purpose only and it's not a buy or sell recommendation.
Symmetrical Triangle Breakout 3 Years rangeyear 2002 TO 2021 made range in channel pattern in and made breakout given the rally 840%.
in 2 years constant. from 2021 to 2023 made symmetrical triangle and given the break out, we we looing last rally as future target. with 25% SL from now.
Dear Folks,
If you love my idea's you can cheers with coin to me.
CONTRACTING TRIANGLE a- Usually happens in wave B or wave 4
b- Wave D in triangle itself
c- If in second then 2 will be zigzag and this will happen in B of zigzag
d- X wave of Double Three correction and XX wave of Tripple Three
e- XX wave of Double Zigzag correction
f- Wave D in triangle itself
Subdivided into three (3-3-3-3-3)
Subdivision of ABCDE can be either ABC, wxy, or flat
HFCL Ltd - An Opportunity to BuyAs per previous chart history and present chart pattern, an opportunity is seen to buy this stock above 108 or wait for a strong pullback from the no trading zone as mentioned on the chart
Buying can be done on CMP or wait for a reversal pattern from downside
Do your own research before buying this stock as I am not SEBI registered person
Thanks for your support as always
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