Caught in the Downtrend: HFCL Struggles Near Day’s Lows
HFCL is trading weak intraday, staying within a clear falling channel and hovering close to the session’s lower range. Attempts to bounce are getting sold into, reflecting persistent supply and lack of strong buying interest. As long as the stock remains below its immediate intraday resistance, the bias stays cautious to negative, with downside pressure likely to continue unless a decisive reversal with volume emerges.
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