HFCL NSE
Diupdate
Date 29th Feb.2024
First of all, apologies to posted little late.
1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside.
There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T.
Easy Way to Carry this trade is on monthly candle closing basis above 5 ema.
Further on this after breakout.
Thank You!
First of all, apologies to posted little late.
1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside.
There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T.
Easy Way to Carry this trade is on monthly candle closing basis above 5 ema.
Further on this after breakout.
Thank You!
Catatan
Monthly Closing will be Important, it will try to recover from this point for monthly closing.Catatan
As I mentioned in last comment it will recover before monthly closing and HFCL price close above 5 EMAs (1M).Also In Weekly TF, there is Bullish Hammer, So from Now Closing Below Hammers Low on weekly Closing is Stop Loss for HFCL.
Catatan
with more than 4% move in the morning, it again touches 100 Rs Today and seems like chancing of good weekly closing at the end of the day.Catatan
'LAZY BUT NOT LOSER'Thats what I will say for HFCL :)
Catatan
Though 92 Rs. works as a good support in smaller TF.Catatan
Again, I want to say "LAZY BUT NOT A LOSER"Today, finally its move strongly upside and also its last date of April Month too.
I am noticing from past few weeks HFCL is trying to hold good price levels so I was expecting at end of the month it will become volatile.
T1 soon!!
Catatan
95 to 96 Rs is nearest good support.2nd one is 92 Rs.
Catatan
HFCL is atPrev Support + 100 EMAs Support in a Daily TF
Catatan
Likely to Retest from 94 93 Rs before go upsideCatatan
Staying above 100EMA or 50 EMA in Multiple Time Frame is always works, we just have to maintain conviction on our study,T2 160+ Remaining.
Catatan
Recapture Pre-Election Price pointmany Targets Are pending.
Trade aktif
Reach T1 one more time T2 167 Rs will be next Target
and Further will Revealed T2.
Catatan
GOOD GAPUP Can Retest on 117 Rs
or Else
Next Stop 160+ Rs T2
Catatan
Retested 116 117 Rs price point as expect can avg if someone want to.Above 112 Rs is safe for HFCL.
Catatan
MORE THAN 50% of Pole Target is achieved!!!Catatan
- Seems like M Closing is going for better compared to previous MonthCatatan
Good Action for Today
Soon Can Break Prev Significant High
Catatan
Breakout!!!!
75% Target Achieved ❤️
Trade aktif
50 +% Return So Far 🤩
7 months but Worthy to be Patient 👍💖
Trade aktif
Nearest Support 131 Rs✅
Next Target 225 Rs ⚠️❗
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.