HFCL - Break out after consolidation of around 8 months...

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View Poll Results: HFCL tgt???
34 5 45.45%
40 3 27.27%
48 0 0%
50+ 3 27.27%
Voters: 11. You may not vote on this poll

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  #1  
Old 5th February 2007, 12:05 PM
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Default HFCL - Break out after consolidation of around 8 months...



Hi!

How do U see HFCL breaking out from 8 months consolidation zone????

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  #2  
Old 5th February 2007, 01:23 PM
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Default Re: HFCL - Break out after consolidation of around 8 months...

HFCL seems to be a good turnaround story. They might also get orders from BSNL for CDMA handsets & other equipment. Anil Ambani is also said to be eyeing this company for a possible acquisition.

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  #3  
Old 5th February 2007, 09:20 PM
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Default Re: HFCL - Break out after consolidation of around 8 months...

HI
any idea of what target is expected
is the code for this is himachlfut?
thanks a lot

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  #4  
Old 6th February 2007, 09:25 AM
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Default Re: HFCL - Break out after consolidation of around 8 months...

Quote:
Originally Posted by adec1023 View Post
HI
any idea of what target is expected
is the code for this is himachlfut?
thanks a lot
Yes! Himachlfut is its code.... After looking techno fundamental of the company, my long term tgt is 50+

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  #5  
Old 6th February 2007, 10:04 AM
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Default Re: HFCL - Break out after consolidation of around 8 months...

thanks a lot
my broker had recommended this arond 22-23 jan but i have yet to get it
i hope if ur holding it it goes up

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  #6  
Old 7th February 2007, 02:24 AM
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Default Re: HFCL - Break out after consolidation of around 8 months...

Well, what tgt ur broker gave???? Basically, I'm newbee but still I think it should go to 50 in long term.
In short term 34 and 40 can be resistance.....

Senior members! Kindly give ur views.

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  #7  
Old 7th February 2007, 09:05 AM
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Default Re: HFCL - Break out after consolidation of around 8 months...

i have written down properly what all my broker has advised from 24th onwards. i think he put a buy in this and stoploss at 25 on 23rd jan.
ciao

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  #8  
Old 7th February 2007, 04:08 PM
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Smile Re: HFCL - Break out after consolidation of around 8 months...

Below is the NSE announcement on HFCL.


News Verification : The media had reports that Himachal Futuristic Communication Ltd is planning to sell its 11 acres of land in Chennai. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Himachal Futuristic Communication Ltd has vide its letter inter-alia stated, "We would like to inform you that M/s HTL Ltd. a subsidiary of Himachal Futuristic Communications Ltd. (HFCL) in which Company is holding 74% Equity Capital, has appointed M/s Jones Lang La Salle (JLL) as Marketing Agent to sell 11 acres land owned by M/s HTL Limited. We would further like to inform you that sale of above land will be made through auction for which HTL Limited has invited online bidding. Final Results of the bids is expected to be made in the last week of February 2007. We would also like to clarify that the reserve price of the land is Rs. 20 Crores per acre, not Rs. 15 Crores per acre as reported in the media."

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  #9  
Old 9th February 2007, 08:23 AM
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Default Re: HFCL - Break out after consolidation of around 8 months...

Breakout, consolidation or operators play but BSEINDIA has acted and scaled down the circuit for HFCL, visit bseindia.com on announcements.

Quote:
Originally Posted by Apurv7164 View Post
Hi!

How do U see HFCL breaking out from 8 months consolidation zone????

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