HFCL LTD
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HFCL BREAKOUT AND RETEST

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The stock had given a breakout from rounding bottom pattern and retested pretty well 116.54 was a crucial resistance

The stock looks in a good reversal mood however the fundamentals are quite concerning it has pledge holding of more than 44% which is a very big red flag

The profitability of the company has remained unaffected and goes on increasing


TARGET 1 - 130.62
TARGET 2 - 143
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