HFCL - Rectangular Flag and Pole breakout
Aggiornato
Entry - CMP (72.6) breakout was 67.85
Target1: 86.1
Stop Loss: 63.7 (Daily Close).
Will Update Trailing Stop loss whenever required.
Duration: 1-2 months
2nd Time Sharing this Script since it went well last time and hoping it to go well this time too, since Script has shown Slightly Stronger Technical Pattern this time. (Rectangular Flag and Pole)
Technical Stock is showing Rectangular Flag and Pole breakout with increased Volume .
Fundamentally Script is trading around Fair to Slightly Higher Valuation but since we are in bull market we can expect Over valuation of low Debt companies too.
Previous View
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
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Trade attivo
Todays High was 85.90 missed target by just 20 paisa If someone is not comfortable then book early profits else hold 1 more day for higher returns.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Please like Share and Comment if you like our work.
Trade chiuso: obiettivo raggiunto
Target achieved .View Closed.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
Please like Share and Comment if you like our work.
Please do your Risk and Portfolio Management Properly.
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