NHPC LTDLong
NHPC - Bullish trade
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.
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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.