C&H Pattern: Monthly Basis Strong Price & Vol. BuiltUp / BreakOut *With Upside, Trail SL* *Book Profit as per Risk Appetite* *Snapshot* Estab. in '86, Engaged in Manufacturing (5 Units)/Services of Industrial types of batteries (lead-acid, tubular gel, pure lead thin plate (PLT) and nickel cadmium batteries). Sectors: Telecom, UPS, Railways, Solar, Oil &...
*HBL POWER SYSTEMS* Time Frame: Daily Observation: * Rounding Bottom Pattern Formation * Swing High Break * Life time high break Resistance/Target: 108 114 120 124 Support: 93 86
HBL Power has given a Cup and Handle breakout on its weekly charts. Since Dec 17, the stock was consolidating below 74 , which is also its ALL TIME HIGH . Last week the stock has given a breakout with high volumes. Power sector is seeing a major rerating which is also evident from CNX Energy index chart. Therefore, this is a buy. As it is trading in blue sky...
Good time to enter if it holds above 200EMA. good 10% gain possible
HBL power, breakout from trend line, Retracement seen in chart, good opportunity to buy.
The stock has given breakout of all time high and ascending triangle pattern . Today it retested the level. One can take long position.
BIG BREAKOUT ON ALL TIME FRAMES small timeframe sustained around resistance level
#HBLPowerVery tight movement last few days. Broke yesterday with volume. 92.2 was the pivot on left side.. Yesterday closed above it. I expect a 20Rs move based on box height. A little tweak in system. Need to buy around 93.5 so we can have a 1:2 trade
HBLPOWER Channel Breakout Trading at ATH, strong fundamentals provides attention. I am confident at stock that it will fly soon. Not a buy call, sharing for educational purposes only i am not SEBI REGISTERED ANALYST.
Educational Purposes only It's respecting TrendLine & price channel started from 2021 It's like Slow & steady Growth.
Very good Investment Pick as it broke out all highs with good amount of volume Target and SL is mentioned in the chart.
In this type of share the falling wedge pattern form so as to continues its down trend.
HBL POWER stocks forms a symmetrical triangle and it breakout well this stock moves well and hit the first target and it represent the strong bullish candle . And moves towards the upward direction.
Possible Breakout is awaited. Since power stock on a roll. Currently at Buy Zone. Can also buy on Dip. Short Term Target: 51 Long term Target: 74 (almost 70 percent) Disclaimer: Not a trade suggestion.
entry on pullback will sustain entry points and targets are on screen itself Have a Happy Trading Day !
HBL POWER SYSTEM IS ON GOOD SUPPORT AND CAN BE THE BEST TIME TO ACCUMULATE FOR GOOD RETURNS.