After the massive fall from 1108 levels, HCL Technologies NSE:HCLTECH managed to pull back to 934 levels but faced a stiff resistance in the 934-944 zone.
I can see that the price faced strong rejection at 38.2% retracement of the previous downmove forming a large bearish engulfing candle.
Good opportunity to short here for a target around 880 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.