vanathi

HCLTECH - Trendline breakout!

Long
NSE:HCLTECH   HCL TECHNOLOGIES
15
It has been observed on hourly chart of HCLTECH the price action has broken the downward trendline. Closing above the trend line indicates bullishness. Targets are 834, 839, 843 and 847 with stoploss 823. Use trailing stop to protect your profit.
Note : I give preference to the traders who encourage me by their comments and by clicking the like button. I reply for their queries as soon as possible. No PMs please. Ask your queries in comment and I will post appropriate ideas. Thank you!
Trade active: Trade active @ 829 on 2/10/17. Stoploss didnt hit on closing bar basis. Target 1 reached.
Comment: Strike 3! 3 targets hit on 2/16/17.
Trade closed: target reached: All targets reached on 2/17/17. 7 days to exit the trade.

Success Log.For live maket analysis follow me in telegram. https://t.me/Analysis4Newbie
To learn about system trading, https://neomechanicaltrader.home.blog/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.