nimbuz90

Rising wedge continuation breakout

Short
nimbuz90 Updated   
NSE:HCLTECH   HCL TECHNOLOGIES
Although the breakout is not so convincing as of now with good volumes, i'm expecting a fall sooner. CMP of the stock is around 934. Will sell on rise till 940 based on bearish signal. If it gaps down, then will enter below 931 for a target of 900.

Entry - 930-940 zone
SL - 950
T1 - 920
T2 - 910
T3 - 900

For study purpose
Thanks.
Trade active:
Entered @ 934
Comment:
Target 1 done. Took some profits here. Trailing the rest
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.