HFCL - Keep a close watch

2021年5月9日

This analysis is on the request of quite a few well wishers.

There was a breakout this week but there lies ahead a very strong resistance. Once that is cleared then the stock will do well.

2021年5月10日

註釋

Just as I said. Those who bought in the morning got trapped seeing that the stock zoomed to 39. By the end of the day they got trapped at 34. Well, we wish the stock crosses 36.35 soon but now there is also some probability for it to correct further.

2021年5月11日

交易進行

Technically we saw a breakout today with volumes but I'm some how not very convinced with the doji candle. I would not be restless here. Since it is a multi year breakout , I will wait for 1-2 follow up candles to be certain about its momentum.

2021年5月13日

交易進行

Weakness after a shaky breakout witnessed. However, expecting a good move in coming days to then confirm a good breakout. Till then it is wait and watch.

2021年5月16日

交易進行

Watch out for a Breakout above 38 this week.

2021年5月21日

註釋

Can see 55. Trail the stop loss to 48 just in case profit booking starts at 50

2021年5月22日

交易結束：目標達成