HFCL LTD
Long
Mis à jour

HFCL - Keep a close watch

1417
This analysis is on the request of quite a few well wishers.

There was a breakout this week but there lies ahead a very strong resistance. Once that is cleared then the stock will do well.
Note
Just as I said. Those who bought in the morning got trapped seeing that the stock zoomed to 39. By the end of the day they got trapped at 34. Well, we wish the stock crosses 36.35 soon but now there is also some probability for it to correct further.
Transaction en cours
Technically we saw a breakout today with volumes but I'm some how not very convinced with the doji candle. I would not be restless here. Since it is a multi year breakout , I will wait for 1-2 follow up candles to be certain about its momentum.
Transaction en cours
Weakness after a shaky breakout witnessed. However, expecting a good move in coming days to then confirm a good breakout. Till then it is wait and watch.
Transaction en cours
Watch out for a Breakout above 38 this week.
Note
Can see 55. Trail the stop loss to 48 just in case profit booking starts at 50
Trade fermée: cible de profit atteinte

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