Rounding Bottom pattern breakout in HCC Buy at CMP 15.50 Price Target 75 (5X) Time target : 5-6 years SL below 12 on weekly closing basis RR 1:16
NOT A RECOMMENDATION, EDUCATION PURPOSE ONLY. Parameters written on chart are self explanatory. Opinion : Risk to reward is not favourable at best (1:1)
Refer charts for other details. Confirm BO levels is 16.60
Company has a meeting on debt resolutions plan and technically looking strong
SL compulsory duration 6 months investment is only 1% of total investment as this is one of the penny stock
NSE:HCC BSE:HCC Schiff pitchfork play... Disclaimer.. Invested and averaging down, Not a trading/investing recommendation...
IF YOU HAVE MISSED, BUY HCC ONLY ABOVE 39.8 for tgt of 42 and SL below 38.8