September 22, 2017

HFCL on lower circuit for 3 days

I found the chart interesting as many people get carried away by super fast returns but forget that exits can be difficult when stock starts correcting.

HFCL has rallied from 20 to 35 in 11 days but now is on lower circuit for 3rd consecutive day.

The lower circuit day is the small red "-". The dash is formed as open = high = low = close.

How many more lower circuits?

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