Piyush-Gupta

HCLTECH, How we earned 1.8% (Trade Analysis) - Learn & Earn

Long
NSE:HCLTECH   HCL TECHNOLOGIES
HCLTECH was notified at 11:19 AM when I spotted this breakout. As this stock came to my attention when it was nearing breakout, by the time it was informed, it had breakout candle. None the less it provided good entering opportunity by retracing back to 511-512 for more than 5 mins.
As per trend breakout it moved smoothly thereafter to cross target 1 and just shy of target 2.
Overall it moved from 513 to 522 (1.8%)

Small TF chart

Other recommendations
DIVISLAB (2302 to 2315)
NIFTY symmetrical triangle - worked well
HINDUNILVR (33 points)

Overall good day for any price action trader.
Purpose of these charts is to explain how simple is to trade price action with very simple & minimal info. You need to understand some basic rules and you can trade independently.

Reach out for more details or to learn price action.
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