TradingView
Keshav2329
May 31, 2021 1:17 PM
HBL Power Long
Long
NSE:HBLPOWER
1W
HBL POWER SYSTEMS
NSE
Description
⋅
May 31, 2021 1:17 PM
Cup and Handle formation breakout on weekly charts. Volumes not high, neither low, hence low chances of prices falling. I would suggest going long on CMP as a swing trade. (OPEN THE CHART FOR DETAILED VIEW OF THE ANALYSIS)
Target 1 : 50
Target 2 : 60
Target 3 : 70
Target 4 : 76
Stop Loss : 36.5 (TRAIL STOP LOSS)
Risk-Reward Ratio favorable
MACD bullish
RSI shows good momentum
Trend Analysis
Chart Patterns
Technical Indicators
HBLPOWER
LONG
midterm
swingtrading
Bullish Patterns
breakout
More