HFCL Swing Trade

📈 Trade Analysis: Swing Trade Setup

🔍 Chart Pattern: Identified a promising pennant chart pattern, suggesting potential breakout.

📊 Volume Confirmation: Breakout supported by significant volume, indicating strong market interest.

⚖️ Risk to Reward: Favorable risk-to-reward ratio, providing a good potential for profit compared to the risk taken.

🔄 Trade Duration: Planning for a 6-month swing trade to capture potential long-term gains.

🛑 Risk Management: Implementing a trail stop-loss strategy. Will move the stop-loss to breakeven once the stock reaches the 100 Rupees level.

📢 Disclaimer: Remember, the market involves risks, and this is not financial advice. Always do thorough research and consider consulting with a financial advisor. Trade responsibly.