HUB POWER CO LTD
Panjang

HUBC is poised to make recovery and enter into bullish trend

159
The stock has recently broke its previous HH at 114 with heavy volumes and now poised to make another HH

Instant entry can be made here with SL of Rs. 103, with first TP of 127 and second TP of 140. Offering ~18% potential gains from these levels.

The stock has also made symmetrical triangle and broke out recently which further confirms its reversal pattern, however, the final projection of the symmetrical triangle would be Rs. 133.

Based on symmetrical pattern, the stock is still offering roughly about ~13%

Penafian

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