Stock Research Report

HLE Glascoat Ltd is in the business of manufacturing and sales of glass lined equipment and filters and dryers equipment for various industries in the country.

Technical View: After few session of downtrend we have witnessed trend break in last session and started forming flag pattern, on daily chart it has formed strong bullish candle, which clearly indicate this trend will continue. Buying only possible on and above 4764 for the target of 4996 with the strict stop loss of 4557.
RSI: Positive
MACD:Positive

Levels: – BUY 4764
TGT1:- 4996
With the stop loss 4557