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THREETREND RESEARCH

17th Jul · SEBI-Registered Analyst

HSCL

HSCL
The stock has confirmed a strong bullish breakout and is trading at a fresh swing high with a nearly 6% gain, indicating renewed buying momentum. After consolidating in the ₹640–690 range for the past few weeks, the latest bullish candle has decisively crossed the resistance zone around ₹700, suggesting that buyers are in control. As long as the stock sustains above the breakout area of ₹695–705, the uptrend is likely to continue, with the next upside targets around ₹750 followed by ₹780. On the downside, ₹690 acts as immediate support, while ₹660 remains the major support level. Overall, the chart structure remains positive with higher highs and higher lows, favoring a bullish outlook

#TechnicalViews#FundamentalViews
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