HSG & URBAN DEV CORPN LTD
Long
Updated

HUDCO (NSE) Bullish Trend with Potential Breakout

1 054
HUDCO is showing a strong bullish trend with consistent trendline support. The recent breakout above the resistance level indicates a potential upward movement.

Fundamental View:
  • Strong EPS and healthy profit margins
  • HUDCO may be included under Section 54EC of the Income Tax Act, which offers capital gains tax exemptions on specific bonds, providing a tax-saving advantage for investors


Trade Setup:
  • Stop Loss (SL): 280
  • Take Profit (TP): 350


HUDCO's technical and fundamental strengths make it a promising buy. Follow us to get the latest updates.
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