DeepBlue8

HCL Short Trade

Short
DeepBlue8 Updated   
NSE:HCLTECH   HCL TECHNOLOGIES
Upward Channel is broken on the downside with a bearish engulfing candle
Close below the channel
support of 100 MA broken
MACD gives a negative sign
Go short
SL 1242
Target 1110
Trade closed: target reached:
Target reached
The stock is now showing a bullish hammer patter on daily price action at zone of support
Thus all are advised to book profits
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