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Garey_Singh
Jul 10, 2020 6:13 PM

HCLTECH - ASCENDING CHANNEL Long

HCL TECHNOLOGIESNSE

Description

HCL TECHNOLOGIES #HCLTECH

- MOVING IN AN UPWARD TRENDING CHANNEL
- FORMED AN INSIDE BAR PATTERN

INDICATORS:
RSI - ABOVE 60-LEVEL AND IS BULLISH
CVD IS POSITIVE
TT2 TREND IS BULLISH AS WELL

COMMENTS:
1. BUY ABOVE 594
SL 573
TGTS - 623/634

2. SELL BELOW 573
SL 394
TGTS 561/542/527

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.
Comments
rajneshpandey0
/i bought 100 shares worth 648 should i hold them till tomorrow can i see a level of 700
Amitesh55667788
@rajneshpandey0, hold u will see 740 this week
pankajmehta72
@Amitesh55667788, I bought 640put@18 .. I think I have to exit from my trade
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