hcltech looks bullish in medium term

Dec 8, 2017

in weekly, it is in ascending channel, price bounced from channel support, moving up now,
in daily, regular bullish divergence formed at channel support,


Also in longer time frame, it can touch previous all time high level,

sl - 830, 1st tgt - 940, 2nd tgt - 1040

Dec 15, 2017

Trade active

moving up, till now 891.80

Dec 15, 2017

Note

in daily, price closed above upper BB and BB is expanding, sign of bullishness,

Jan 6, 2018

Trade active

touched 900

Jan 20, 2018

Trade closed: target reached

cmp - 958, so 1st tgt already achieved here, cheers

followup chart for reference,



10% return in 45 days

Jan 20, 2018

Note

2nd tgt will be achieved soon here

Feb 11, 2018

Trade active

cmp - 964, in daily, price bounced from horizontal support,