HFCL LTDPanjang
HFCL - Minimum 20% quick momentum can be expected!
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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
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