vanathi
Education

Trader's Queries

NSE:HCLTECH   HCL TECHNOLOGIES
Query : Can I buy HCL Tech?

Answer : Price action is nearing the support zone , but uptrend will get confirmed once the price closes above the trend line . Trend direction will be decided in coming days by the movement of price. Have to wait & watch whether the support will support the price or break it.
Sep 21
Comment: Gave upside break out.
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Superb :) Waiting for the level to break for trading. Am i correct ?
Reply
Hello Vanathi,

Can we go only with the price action for trading a scrip or we should consider general sentiments also.Now the result season started and lot of news about buyback,USDINR price,tax on buyback and muted results..
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