nimbuz90
Short

Rising wedge continuation breakout

NSE:HCLTECH   HCL TECHNOLOGIES
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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
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