HCL TECH -- HOURLY CHART -- INTRADAY SETUP -- 04/07/2022
1. HCL tech seen trendline breakout last hourly candle on hourly chart
2. Stock seen 44 , 200 HMA support at bellow last hourly candle
3. stock trading near channel bottom support pullback can seen from this level
4. Histogram seen supply decrease at current level from oversold level , double bottom formation also can be seen .
5. BUY can initiate at intraday between 970-975 for target 980-985-990 with stop loss bellow trendline support at 960
6. support and resistance shown on chart by arrow mark
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !
HAPPY TRADING !!
1. HCL tech seen trendline breakout last hourly candle on hourly chart
2. Stock seen 44 , 200 HMA support at bellow last hourly candle
3. stock trading near channel bottom support pullback can seen from this level
4. Histogram seen supply decrease at current level from oversold level , double bottom formation also can be seen .
5. BUY can initiate at intraday between 970-975 for target 980-985-990 with stop loss bellow trendline support at 960
6. support and resistance shown on chart by arrow mark
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !
HAPPY TRADING !!
Comment:
HCL TECH 1st intrady target 985 HIT .. 10.40 am
Comment:
intraday high till now 989.80 at 11.55 am !
Comment:
HCL tech book profit above 985 .. 3.10 pm
HAPPY TRADING !!
HAPPY TRADING !!
Trade closed: target reached