HCLTECH
Good opportunity to go Long
50 SMA is about to Cross 200 SMA. For many traders crossing of SMA is a trigger to go long or to go short.
I have never traded crossing of SMA's. However this setup will give an idea how market reacts to crossing of
SMA's in next few days
Stop Loss: 784.58
Target 1: 853.09.
Target 2: can be decided after considering the move of the market in next few days.
****For Educational Purposes only****
Good opportunity to go Long
50 SMA is about to Cross 200 SMA. For many traders crossing of SMA is a trigger to go long or to go short.
I have never traded crossing of SMA's. However this setup will give an idea how market reacts to crossing of
SMA's in next few days
Stop Loss: 784.58
Target 1: 853.09.
Target 2: can be decided after considering the move of the market in next few days.
****For Educational Purposes only****
Trade closed: stop reached:
S/L was hit