Hercules & Dewan Housing Finance Corporation Ltd Long term Technical report Trading advice

Hercules Hoists Ltd. : Uptrend is expected to continue where important intermediate resistance is placed at 191.50 levels. Now we are talking about monthly chart still reflects a strong picture with October candle stick forming a bullish pattern. Hercules above 191.50 is expected to continue with full pace & next target would be at 195. On the lower side 189 Support zone so you can put stop loss for safe investment.

DHFL: looking good in upcoming days. Here stock closed near its weekly resistance. On weekly chart also trading near 38.20 % its projection level. On monthly chart also closed with bullish candle and closed above trend line. @Buy DHFL above 306 targets 316 and maintain stop loss 298 below on closing basis.

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