HCLTECh on uptrend can take for long entry.
On all TFs HCL Tech is on bullish mode & trading above the 50 EMA level. Now this stock is at the weekly BO level. so we can take long entry above the level of 595 for the target price of 620. Once the stock sustain & maintain the level we can see the new high of this stock very shortly.
So add the stock in your watch list to see the further price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
So add the stock in your watch list to see the further price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Comment:
Wait for the levels.Not activated.
Trade active