HFCL Ltd (Himachal Futuristic Communications Limited) is a diverse telecom infrastructure enabler with active interest spanning telecom infrastructure development, system integration, and manufacture and supply of high end telecom equipment, Optical Fiber and Optic Fiber Cable . (Source:-Screener)
With growing 5G and Gigafiber demands, HFCL has a big future ahead and chart suggests the same. Stock had given 20 year consolidation breakout back in 2021 but since then, stock formed a flag for 2 years which further would have frustrated its old investors.
However, last couple of months have been phenomenal for the investors as stock finally managed to break the flag and given weekly closing above the psychological resistance of 100.
Definitely a long term buy for investing at dips(till 80) with monthly support near 65.
With growing 5G and Gigafiber demands, HFCL has a big future ahead and chart suggests the same. Stock had given 20 year consolidation breakout back in 2021 but since then, stock formed a flag for 2 years which further would have frustrated its old investors.
However, last couple of months have been phenomenal for the investors as stock finally managed to break the flag and given weekly closing above the psychological resistance of 100.
Definitely a long term buy for investing at dips(till 80) with monthly support near 65.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.