HCC Mega Breakout Of A Decade

1 ago

1. Prices Were Taking Resistance Where Arrow Marked

2. Got 9 Years 6 Months Breakout On Jan 2024 End

3. Feb & March Months Candle Closed Red Again Shown Resistance.

4. Got Confirmation On Jun 2024, Prices Closed Above Feb 2024 Resistance.

5. July 2024 Candle Closed Above Jun 2024, Now Buyers In Full Control.

TRADE :

Buy 50% Here At Cmp - 53.09 & Rest 50% If You Get Any Dip To 43-46

SL - 29 ( Monthly Closing Basis )

( Target 1 ) = 81
July 2014 High - March 2020 Low + July 2014 High
42.24 - 3.60 + 42.24 = 81

( Target 2 ) = 120
Draw A Fibonacci From July 2014 High To March 2020 Low
Retracement Level Of 3 Which Is 119.8 Will Be Target 2

( Target 3 ) = 167.76
Draw A Fibonacci From July 2014 High To March 2020 Low
Retracement Level Of 4.236 Which Is 119.8 Will Be Target 3

In Mega Euphoria Prices May Hit 167 Level As This Is A Decade Long Breakout In HCC.