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HCL TECH: BREAKOUT

Long
NSE:HCLTECH   HCL TECHNOLOGIES
The Stock has been consolidating for lot of time with volumes also relatively less. However it has started to rise with increase in volumes as well.
It has formed a Inverse H&S pattern as well as Cup and Handle pattern.
One can set a target of 1150+as per Fibo Analysis, as there is no other major resistance except psychological resistance at 1100.
It can retrace to 1054 levels before continue its march towards 1100.
Comment:
1150 CROSSED
TARGET ACHEIVED
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