Educational Purpose.
i am buying for 620
It has reversed from the PRZ of a Bullish Gartley and AB=CD. As long as it stays above 533 it can do a pullback till 550-560
Trade above the trendline ....on your own risk...
Enter Long in HCTECH as expecting to move high, considering breakout of trendline. Enter long above 981 for upside levels of 995, 1020 & 1040 looks safe as far as 940-30 levels is not breached on closing basis. *Recommended for Positional Trade.
Buy above 1025 T - 1040 & 1060 SL- 1014
I see some sort of correction in it sector to balance the one way rally ... but the correction will again get over soon looking at the earning season into picture as well as the usd inr depriciation will generate better revenue story for these stocks like tcs infy etc
Enter Short in HCLTECH below 1083 Targets - 1076, 1067 & 1056 Sl- 1096 *As always suggested avoid if OPEN=LOW * Trade wisely as market is very volatile.
Enter Long in HCLTECH above 1081 Target - 1086, 1092 & 1100 Sl- 1070