HOUSING DEV & INFRA LTD (HDIL)
HDIL chart makes interesting study.
Stock is at historical support levels. RSI is oversold however, momentum is at highest.
For the coming week, HDIL will have strong support at 133.
Reversal from support will take HDIL to 139, 144, 150, 155.
However breaking below 128 will mean disaster continues for HDIL.
It such a case, stock will drift to 123, 119, 113, and 103.
NEXT: Nifty future
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss
HDIL chart makes interesting study.
Stock is at historical support levels. RSI is oversold however, momentum is at highest.
For the coming week, HDIL will have strong support at 133.
Reversal from support will take HDIL to 139, 144, 150, 155.
However breaking below 128 will mean disaster continues for HDIL.
It such a case, stock will drift to 123, 119, 113, and 103.
NEXT: Nifty future
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss
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