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HCL Technologies - Daily - Long- 50 SMA about to cross 200 SMA

Long
BSE:HCLTECH   HCL TECHNOLOGIES LTD
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1
BSE: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****
Trade closed: stop reached: S/L was hit