pratekk

Hindustant Construction company Broken out the Trendline.

Largo
NSE:HCC   HINDUSTAN CONSTRUC
HCC
a nice triangle/Flag pattern formed on Daily time Frame, and the Trend line has got broken.
As per recent Budget announcment , Construction and infra stocks are in focus, HCC though reported 50% less profit in last quarter still the future look more promising as HCC is into tunnel , roads and Power sectors working on Government Projects.
I believe the price is very resonable and at bottom in a way. just got into Uptrend by making its First Higher high and Higher Lowe formation after its Lowest ever point. huge pottential at this location.
Good for long term investment.
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