HSCL - Breakout after long consolidation
Stock has been consolidating for over than 2 years. Now is giving out breakout from the zone.
Weekly candle is looing strong bullish but let it sustain above 66,
then one can go long for mid to long term.
Closing the stock on weekly below 60 will go back weak.
Please follow proper money management and Risk2Reward ratio.
DISCLAIMER: For education purpose only, do your own analysis or consult your financial advisor before taking position.
Weekly candle is looing strong bullish but let it sustain above 66,
then one can go long for mid to long term.
Closing the stock on weekly below 60 will go back weak.
Please follow proper money management and Risk2Reward ratio.
DISCLAIMER: For education purpose only, do your own analysis or consult your financial advisor before taking position.
Penafian
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