HASCOL LONG TRADE (BUY BEFORE EVEYONE ELSE)HASCOL is trading in an uptrend green channel on HTF. It remained in WYCKOFF accumulation phase (Dec 2023-Nov 2024), followed by breakout and touched a high of 15.4 – It went through distribution phase and corrective downward channel which ended in a selling climax. Recently it has retested the previous breakout level, performed a liquidity sweep and broken out of the downward corrective channel, posting a higher low.
🚨 TECHNICAL BUY CALL – HASCOL 🚨
🎯 BUY ZONE: Rs. 9.6-10.1
📈 TP1 : Rs. 11.2
📈 TP2 : Rs. 12.8
🛑 STOP LOSS: BELOW Rs.8.7 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.5
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
