It seems NSE:HCLTECH is in verge of breakout. Two reliable indicators giving a buy signal. 1. MACD (15,50,9) bullish crossover signalling to enter in long position. 2. Stochastic Divergence on bullish side which again gives a signal of immediate breakout. Buy above 969 aiming for a target of 987(T1), 1010(T2) & 1040(T3). A stop loss of 953 is recommended.
Comment
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No Trade happened. HCLTech opened at 956. Crossed SL therafter.