HBL - Correction looks completed and the stock is anticipated to resume the uptrend. The breach beyond 102 will confirm the resumption of the uptrend. The predicted target lies within the 106 - 108 range, while the protective sell stop should be placed below 95.
Greetings Folks, today i have prepared a setup of HBLPOWER on NSE the setup is as follows - the price is in good bullish rally and is now consolidating - forming a some kind of pattern as depicted - major support marked under the pattern - 2 types of entries possible as marked dont play with fire, always use predefined stoploss
The stock is trading around its all-time highs, and the trend is positive. We can consider this trade as a retest of a breakout; it will be low risk and big profit.