HCL TECH again at BUYING/DEMAN80 zone

Apr 29, 2021

As you can see previously on the chart on 1D timeframe, 906-909 zone has acted as a good support zone, and also a good bounce seen from these levels, can expect a good upside move only if manages to sustain above this zone, can be a good pick at around 906-909 zone with a strict stop-loss of 896 (only on a closing below basis), and if doesn't sustain above 906-909 zone and manages to close below 896 then it may show a downside move upto 880 level.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NRES AND OTHER FACTORS.

Jun 1, 2021

Trade active

Trade is active and doing very well as expected, if you read the caption carefully it must have had help you, would suggest to hold the position. Keep trailing the stop-loss.

Jul 15, 2021

Trade closed: target reached

Our target if 1020 has reached, if manages to close above 1020 level, may show 1065 level soon. Would suggest to hold with the stop-loss of 1020 (closing below basis).