Hitachi Energy

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Hitachi EnergyHitachi Energy India LimitedNSE:POWERINDIApradyammm arameterDetails InstrumentHitachi Energy India Ltd. TimeframeDaily Trend ContextLong‑term bullish; short‑term corrective phase approaching 141 SMA (≈ 26,313). Entry Zone26,325 ± 50 pts — near 141 SMA and prior demand cluster. Stop‑Loss23,400 — below structural demand and swing low. Target38,000 — aligns with projected recovery wave and prior resistance zone. Risk (pts)2,925 Reward (pts)11,675 Risk–Reward Ratio5.87 : 1 ProbabilityHigh Trade TypeSwing / Positional Holding Period6–10 weeks (approx.) Confirmation Triggers- Bullish reversal candle near 26,300 support. - Volume expansion on breakout above 30,000. - Sustained close above 91 SMA (30,381). InvalidationDaily close below 23,400 with volume. Technical BiasBullish continuation after corrective wave completion. 🧭 Commentary The dotted yellow projection indicates a two‑phase recovery: short‑term retest of support followed by a strong impulsive leg toward 38,000. The 26,300 zone acts as a confluence of moving‑average support and prior demand, making it a high‑probability entry area. Maintain position sizing discipline — risk per trade ≤ 1–2 % of capital.