HCC --- MULTIBAGGER - 2023 Long

HINDUSTAN CONSTRUCNSE

Description

⋅ Jan 1, 2023 5:56 AM

HCC -- Monthly chart setup --potential multibagger 2023

1. HCC seen cup & handle breakout on monthly chart .

2. Monthly trendline breakout seen on chart

3. RSI above 60 , above wma ,RSI ema positive crossover , all bullish inidicatots.

4. potential upside from current level 50-60% in 1 year.

5. ENTRY 18-20 target 24-28-32 in 1 year stop loss 14.50

THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk!
.!! WISH YOU HAPPY & PROSPEROUS NEW YEAR !!!!

HAPPY TRADING .!!

Comments

rajezstunt

⋅ Feb 5, 2023 7:13 PM

I think, the stop loss is hit. The company has posted poor results.

Dskamath

⋅ Jan 1, 2023 6:13 AM

please review Narmada agrobase too

champtrade111

⋅ Jan 1, 2023 6:22 AM

@Dskamath, narmada agrobase , new listing i suppose , trading in range of 20-25 , bullish only above resistence 26 if daily candle close above 26 , do you hold this stock . then what level let me know. !