ankitstockmarket7

HFCL trend reversal after pullback

Long
NSE:HFCL   HFCL LTD
HFCL technical analysis :
1. Reversal after pullback till 0.382 levels of fibonacci retracement.
2. Strong uptrend support trendline.
3. Reversal from converging point of 0.382 levels and uptrend support trendline showing strength in trend reversal.
4. CMP - 71 ; Entry - 71 ; Target -1 : 83.50 ; target -2 : 94
Upside potential : 32%

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