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Finkhoz Roboadvisory Services

9th Apr · SEBI-Registered Analyst

HFCL
Signaling a Sharp Trend Reversal

HFCL
is currently breaking out from a multi-month accumulation base, marking a significant shift in sentiment after a prolonged downtrend. The price action has decisively reclaimed the 77.15 level on rising volume, indicating strong absorption of supply at these lower levels. With the RSI climbing to 62.94, momentum is accelerating into the bullish zone, while the MACD crossover in positive territory suggests the birth of a new upward trend.

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