NHPC Limited
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Actualizado

Positional or Longterm Opportunity on NHPC

1 316
Go Long @ 84.65 for Targets of 91.6, 98.55, 105.5 and 112.45 with SL 77.7

Reasons to go Long :

1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.

2. In addition to this a bullish candlestick pattern Bullish Harami (marked with orange color) is formed around the 0.382 Fibonacci level.

3. Also there is a strong support zone (marked with green color), from which the stock is taking support and moving up.
Operación cerrada: precio stop alcanzado

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