HSCL to Fly Very Sooon!

421
So here's another chart that’s quietly showing signs of strength — HSCL just kissed its falling trendline drawn from September 2024 highs.

After almost 10 months of lower highs, the stock is now trying to push above the trendline with volume backing it. That giant green candle on June 27 with a volume burst was the sign of Smart Money stepping in. And now it’s consolidating just below the breakout point — classic pre-breakout structure.

This is what we call a volatility contraction near resistance, where price tightens and sets up for an impulsive move. Earnings season is around the corner, and this might just be forming its Earning Pivot.

Don't rush. But if price takes out that 525–530 zone cleanly with volume, it's ready to fly.

#Entry above: 530
#Stoploss: 498
#Target 1: 565
#Target 2: 598
#Extended: 630 (if volume sustains above 600 zone)

Be ready but not greedy.
Let confirmation guide your move. No front running.

Also — this is a stock with explosive history, so manage risk wisely.

Avoid impulse. Trade plans, not predictions.

Have a focused and profitable day ahead.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.