orcatackle

BUll RUN TO ₹1000 in the making

Long
NSE:HCLTECH   HCL TECHNOLOGIES
Overall Trend = Bullish
Broke bellow 50ema-------> double bottom pattern--------> Breakout ----> Retest

ready for further upmove

Comments

If tomorrow closes below 934. Most probably it’s coming down to 925-926
Reply
orcatackle kabir94s
@kabir94s, IT DIDNT CLOSE BELOW THE SUPPORT ZONE, THAT IS WHY IT WAS RETEST. IT FOLLOWED THE ANALYSIS WELL.
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It did not give any confirmation of reversal. I think it will come near to 925-927
Reply
orcatackle kabir94s
@kabir94s, IF we wait for confirmation we will miss most trades. a day close below 932 was a clear stop loss. when the price moved ahead of the 50 ema it was definite bullish signal
Reply
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