HFCL - A Tech sector stock pick
Observations:
1. Price structure is bullish
2. Support from fib zone
3. Good Volume build-up
4. EMAs & RSI are indicating strength and momentum on the upside
5. Prices are rejecting on the downside (rejection candle on WTF) depicts buyers are dominant.
- Stay updated for further insights and trade safely!-
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Observations:
1. Price structure is bullish
2. Support from fib zone
3. Good Volume build-up
4. EMAs & RSI are indicating strength and momentum on the upside
5. Prices are rejecting on the downside (rejection candle on WTF) depicts buyers are dominant.
- Stay updated for further insights and trade safely!-
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Nota
DAILY TIME FRAME VIEW:Nota
107 to 130 = 25% Momentum achieved.
Agrresively can be trailed further with SL weekly candle low around 120.
Next TP can be 150 & 165
Nota
Looks like it is coming for a pullback. Created a doji on weekly!
Anubrata Ray ⚡
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Anubrata Ray ⚡
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.