HASCOL is trading in an uptrend green channel on HTF. It remained in WYCKOFF accumulation phase (Dec 2023-Nov 2024), followed by breakout and touched a high of 15.4 – It went through distribution phase and corrective downward channel which ended in a selling climax. Recently it has retested the previous breakout level, performed a liquidity sweep and broken out of the downward corrective channel, posting a higher low.
🚨 TECHNICAL BUY CALL – HASCOL 🚨
🎯 BUY ZONE: Rs. 9.6-10.1
📈 TP1 : Rs. 11.2
📈 TP2 : Rs. 12.8
🛑 STOP LOSS: BELOW Rs.8.7 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.5
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
🚨 TECHNICAL BUY CALL – HASCOL 🚨
🎯 BUY ZONE: Rs. 9.6-10.1
📈 TP1 : Rs. 11.2
📈 TP2 : Rs. 12.8
🛑 STOP LOSS: BELOW Rs.8.7 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.5
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.