Medium term trade -
Stock is giving a multi year decade long breakout
on big charts.
Stock is about to give a close above 34.50 on
monthly chart since 2010.
Stock is holding strong in this turbulent market.
To me, this is a meaningful breakout and as per
my experience, NHPC has potential to give 20-25%
gain in 6-9 months.
I am a buyer in this stock at CMP, and will add
more units as and when a dip comes around
31-32 levels. Trend is intact unless a closing
below 27 comes on weekly basis.
Stock is giving a multi year decade long breakout
on big charts.
Stock is about to give a close above 34.50 on
monthly chart since 2010.
Stock is holding strong in this turbulent market.
To me, this is a meaningful breakout and as per
my experience, NHPC has potential to give 20-25%
gain in 6-9 months.
I am a buyer in this stock at CMP, and will add
more units as and when a dip comes around
31-32 levels. Trend is intact unless a closing
below 27 comes on weekly basis.