HUDCO trade ideas
HUDCO (NSE) long term analysis BUY we can see the price is in a bearish move and MACD is showing a huge Divergence
the price had touched the lower bound of the bearish chancel and we can observe there is under cross in MACD line and soon we are expecting a reversal in the stocks movements
it has already broken the Ichimoko Cloud also which is again an other confluences in the bullish reversal
the first target should be the 48% level of long Fibonacci retracment
14RS can be a good stop loss and 58rs is the first Target Point
HUDCO NSE 2021 complete Price Action analysis up to July 2021Hi
here I have analyzed the Housing and Urban ticker of NSC using Divergence strategy as we can see the trend is making bullish divergence with MACD which is a sign of trend reversal and complete Price Action and Fibonacci retracement and its confluences with the Fibonacci Projection
I have speculated the time of immediate TP by Fibonacci time zones
you can we can see i have specified the supply and demand areas with the support and resistance of the candles formation which has got the complete confluences with the fibots zones
i had earlier also analyzed this ticker so you can refer to my 6 months back analysis too
please comment your opinions for me
HUDCO-Huge volume spike can see 50% PROBABLITY Closing Above 50 can see some excellent movements upside.
CMP 47.90
SL 37
Target 77
HUDCO - Retest of C&H breakoutThe stock price retested its C&H Breakut price and subsequently moved up.. Can go long above marked price with SL below 40.75. First target 47.
