HFCL LTDLong
Turning Bullish: HFCL
HFCL has been in a downtrend since September 2024.
It reached the low levels of 111.
111 Level has acted as a strong support zone on multiple occasions.
The stock found strong support around the 111 and 118 levels, leading to a breakout with good volume.
20EMA (black line) is trailing below 50EMA (orange line) in the daily chart.
We can confirm the bullish trend if the 20 EMA crosses the 50 EMA with good volume.
Resistance levels: 129, 141, 161
It reached the low levels of 111.
111 Level has acted as a strong support zone on multiple occasions.
The stock found strong support around the 111 and 118 levels, leading to a breakout with good volume.
20EMA (black line) is trailing below 50EMA (orange line) in the daily chart.
We can confirm the bullish trend if the 20 EMA crosses the 50 EMA with good volume.
Resistance levels: 129, 141, 161
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