HCLTECH Downtrend movement potential with RISK:Reward 3.3

#HCLTECH #stockmarketindia #HCLTECHanalysis #tradingstrategy
Symbol:HCL Tech
Time frame: 2 hours
what is the analysis?
Breakout from the symmetrical Triangle for downtrend movement.
Moving average condition is checked,RSI condition is checked, so the call is fulfilled for a downtrend/sell call with Risk:reward ratio of 3.3.
Stoploss is 27 points and the target 91 points.
sell at 1086 with SL 1115 and target 995.

HOPE our analysis is adding value to your Stock market trading Journey.

NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading


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.