HPL Electric & Power Limited
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LONG on HPL ELECTRIC POWER; Breakout from Descending Channel

523
HPL corrected approximately 91% from its IPO price of 198 to reach 18.35 on 13th March 2020. It then took support at lower trendline of descending channel and has risen by 385% in last 3 years.

The scrip has been falling in a descending channel ever since its Listing. It broke out of that channel on 30th Sep 2022.

Entry: Only above 92

Stop Loss: 85.50(daily closing basis)
註釋
Target 1 achieved on 19.06.2023 !!! 38% return !!!
註釋
Target 2 achieved today!!! Whooping 90% return in 71 days..

Lower target of 162 was assigned but it was clearly indicated in my analysis that it will surpass it.

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