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imdbeststocktrader
Oct 11, 2016 11:33 AM
HCL Technologies - Daily - Long- 50 SMA about to cross 200 SMA
Long
BSE:HCLTECH
1D
HCL TECHNOLOGIES LTD.
BSE
Description
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Oct 11, 2016 11:33 AM
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
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Jan 26, 2017 11:28 AM
S/L was hit
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