HUDCO trade ideas
Hudco Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Review and plan for 17th December 2024Nifty future and banknifty future analysis and intraday plan.
Swing idea.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar Hiremath, CMT
HUDCO Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Double bottom in HUDCO
Double bottom pattern in hudco.
Big spike in volume and delivery qty (checked on NSE's website) on breakout of neck.
Wait for Retest to support at around 230
Risk to reward ratio of more than 3.
HUDCO - On the recovery Path ? The next recovery stock which we are going to look at is HUDCO or the Housing and Urban Development Corporation Limited. The stock saw a drop or reversal of 15% and was pushed below the 200 DMA and from there it has been recovering. As you can see now, it is above the 200 DMA and also the short-term moving averages. It has started making a higher high on the daily. It is also making a higher high on the weekly as well. All the supporting key parameters are all positive, the relative strength, the money flow, buying pressure, all are quite positive and is supporting further up move. We can see good increase in the delivery volumes indicating committed buying. So, the stock could test the previous high of 350 levels. Of course, it is not going to be a quick up move, it is going to be a grinding up move, but definitely it is likely to move up. The risk reward ratio also is looking quite good at this moment. So, this is a stock to be watched.
Hudco 39% up?Target 267/338
CMP 242
Fibonacci levels and Double botton gives a immediate target of 267 with extended level of 338 which might see some resistance.
Hudco 39% up?Target 267/338
CMP 242
Fibonacci levels and Double botton gives a immediate target of 267 with extended level of 338 which might see some resistance.
HUDCO chart analysisHUDCO chart analysis on daily time frame. This seems like breakout. If it sustains above this then it can give good move.
Understanding ICT Bullish Mitigation BlockA Bullish ICT Mitigation Block is a concept from Inner Circle Trader (ICT) methodology.
It forms at the end of a bearish trend when the price reaches a strong bullish institutional reference point, such as a bullish order block or breaker block.
Formation: It occurs when the price fails to create a lower low in a bearish trend and instead reverses to shift the market structure to the bullish side.
Identification: Look for a price level where the market attempted to break lower but was halted by significant buying pressure.
Trading Implications: This area can serve as a strong demand level, from which the price can rally further stronger because of short traders exit and long traders enter at the same area.
Multi Time Frame Analysis:
Higher Time Frame - H4
Lower Time Frame - M15
Institutional Framework:
Price Expansion (MMXM Buy Model)
Institutional Reference Points:
Bullish Mitigation
Sell Side Liquidity (SSL)
HUDCO NSE CHANNEL BO WTF POSITIONAL HUDCO NSE STOCK Analysis
TRADE PLAN (DTF Close Price for POSITIONAL
ENTRY -223 25 % Qty, Add 50% qty 250 DTF Close
SL - 192
TARGET --01- 278 , TGT02-- 361
Hold For a -1 + Year or TGT 2
Chart Pattern :
STOCK had a 4Month Streak to Touch an ATH of 350, Retracing in below 50% FIBO Level forming a Bullish Flag /Channel Pattern.
INDICATORS EMA :
The Price is Currently Trading above 200EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of Bearish alignment where price has recvocered 11 %+ with low Volumes indicating an EARLY start of a bullish Reversal on WTF.
FIBO/E :
Currently the price is below 50% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Investors Enter above 224 .
Volumes: There is a no significant increase in Volume on the Weekly Charts for1 Weeks after the 16 weeks Pullback.
Maintain a Strict SL
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
SWING IDEA - HUDCOHUDCO is showing potential for a swing trade based on technical signals.
Reasons are listed below :
230 Zone as Strong Support : The 230 level has been a crucial support zone, providing a solid base for potential upward movement.
Bullish Engulfing Candle on Daily Timeframe : A strong bullish engulfing candle indicates growing buying pressure.
0.618 Fibonacci Support : The price is bouncing off the 0.618 Fibonacci retracement level, suggesting a potential reversal.
200 EMA Support on Daily Timeframe : The stock is finding support at the 200-day EMA, reinforcing the bullish outlook.
Target - 280 // 310 // 345
Stoploss - daily close below 225
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@visionary.growth.insights
"FALLING WEDGE PATTERN : A BULLISH REVERSAL IN SIGHT"HUDCO is currently in a correction phase in the higher time frame,likely to find its base.
A lucrative opportunity for long positions is evident.
REASONS TO SUPPORT THIS IDEA:
*Monthly fib retracement till 0.618
*Rejection from demand zone
*Falling wedge pattern
A bullish breakout above the marked point,followed by a sequence of higher highs and higher lows , could indicate a strong uptrend and potentially in high in higher time frame.
HUDCOHi guys,
In this chart i Found a Demand Zone in HUDCO CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
HUDCO S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Hudco looks good for 350++Struck in A bearish flag
coming out of it
volume good
looks bottom out
budget allocation to housing finance (theme)
stop 300
target 350
Housing & Urban Development Corporation Ltd is primarily engaged in the business of financing housing and urban development activities in the country.
only for educational purpose
not a buy or sell reco
swing trade
HUDCO (NSE) Bullish Trend with Potential BreakoutHUDCO is showing a strong bullish trend with consistent trendline support. The recent breakout above the resistance level indicates a potential upward movement.
Fundamental View:
Strong EPS and healthy profit margins
HUDCO may be included under Section 54EC of the Income Tax Act, which offers capital gains tax exemptions on specific bonds, providing a tax-saving advantage for investors
Trade Setup:
Stop Loss (SL): 280
Take Profit (TP): 350
HUDCO's technical and fundamental strengths make it a promising buy. Follow us to get the latest updates.
Simple Cup & Handle Breakout in HUDCO #LatePostLate Post
Simple Cup & Handle Breakout in HUDCO
There is a re-entry opportunity at 155-157 for Target 13%
HUDCO Looking for a Breakout.
Long Consolidation done.
Above all EMA .
Target 280, 350.
Do Like ,Comment , Follow for regular Updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
HUDCO rally continues and more to come!This one continues to make new highs and is still not done yet.
It is 100% up since shared it for the first time.
The Elliott Wave count is self explanatory as to where it is heading in the coming months.
In my opinion, the next good buying good opportunity would be the blue wave (iv) pullback.
Shall update as price develops further.
Thanks for reading!
Hudco is Looking very good for buyingHudco is Looking very good for buying, Strong buying candle closing l, Target 250++
HUDCO giving BOHUDCO giving BO with good volume. The delivery volumes are also good. Offering very good R:R.
