Richie.Chauhan
Long

HCLTECH : IN : POSITIONAL TRADING : BUY : TARGET : 1000 + Levels

NSE:HCLTECH   HCL TECHNOLOGIES
As per my wave analysis, correction period is over and it is time to BUY this stock for long term target of 1000 levels and UP.

Trade with care.
Comment: Trade active.
Comment: Good going so far.. Hope you guys are riding the UP move too!
Comment: Reached today close to 900 levels, good going so far..
Comment:
snapshot


SL - at above BE.. hope you are in the trade..
Trade closed manually: 72 points.. Trade closed.
Comment: Finally, it has gone beyond 1000++ as per my forecast on Nov 22, 2017
Setup is interesting. Please permit to ask a question. How did you compute the target price of 1000?
Reply
@mvunsharma, Sure. As per wave analysis, the UP wave finished at 940 level. At present we are in ABC down, so prices should go to the Orange TL and then bounce back UP. Then with a new Impulse wave will start, which should clear the high of 940 and psychological figure will be 1000 level next for bulk of positional and investors. Hence the target.
Reply
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