Accumulation Mode In HFCL ? ? ?
HFCL - Two Things are possible in HFCL
One - To Cut the All Time High price at the chart it will take one more support and than hit the resistant only to break it.
Two - Mukesh Ambani is a pure business man , he would have purchased it only due to less valuations , may be near red area or below that , because the last candle which is visible in chart has engulfed the previous one. News would be out regarding this purchase and people sold it before its too late.
In either case , accumulation mode would be a great step for this stock.
One - To Cut the All Time High price at the chart it will take one more support and than hit the resistant only to break it.
Two - Mukesh Ambani is a pure business man , he would have purchased it only due to less valuations , may be near red area or below that , because the last candle which is visible in chart has engulfed the previous one. News would be out regarding this purchase and people sold it before its too late.
In either case , accumulation mode would be a great step for this stock.
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