Last we seen after touch of 200 EMA from July to Jamuray stock has bullish. Now again near to 200 EMA. Bounce/sustain from weekly demand zone. Entry should be between - 893-886 according 1:2 trade can be manage. Entry-893 SL-871 Target - 980
AS WE OBSERVE DOUBLE TOP ON HCL TECH IF TRADED BELOW THE NECKLINE AND BELOW 895 WE CAN SELL FOR 1ST TARGET-850,2ND TARGET-800 WITH 1ST STOP LOSS AT NECKLINE 910 AND 2ND STOP LOSS OF 925
HCL Tech looks like a promising buy @ 925. Target expecting up to 1k at least.
Date: 05 April 2021 HCL Tech has given a breakout at Symmetrical Triangle pattern. A 15% upside is possible in short term.
rounding bottom ..buy above resistance break above 930..target 952.975.. stoploss would be 920
HCL Technologies The chart pattern shows the signal of retracement. Can think of buying and accumulating at this levels. Potential upside for about 10%-20% The target levels are 954, 992, 1054 It can be accumulated, If it comes down from the current price. *** You can also see my other stock analysis and the performance of achievement/judgment in my profile...
Based on the volume profile showing heavy support at CMP, the oversold RSI reading and overall base trend line, the stock can rebound to ~Rs.1000 within the next 7 days. Note - earnings are post market on friday 23rd April. Link to longer time frame trade Idea on HCL:
HCL Tech seems to have broken out of a downward trend, caused by fear selling in the markets this week. The stock has been following an upward trending parallel channel over the last few days and has also rebounded off the 50 DMA. It is set to achieve a target of 1110 by earnings release ~ 15th of May. Target:1110 Entry: 991/CMP Stop Loss: 960 Time: ~ 39...
Buy above 1021 for a target of 1033/1045/1055 major resistance @1055, it breaks that, then we can see an upside potential. Support @200 EMA. Major support @1000
HCLTECH has formed a symmetrical triangle and likely to give good momentum after the breakout. Keep it on your watchlist.
DOUBLE BOTTOM IN HCL, BOUND TO GO UP
Scrip name- HCLTECH Position - Bearish ``````````````````` Technicals- 1. Forming a hypothetical HNS pattern 2. Strong resistance at the marked zone 3. Volume explanation on the chart. Although, this is not the exact textbook example, but who wants that anyway! 4. My little understanding towards market structure and price action. Do understand, many times the...
Go Long above 960 Go Short if the price pierces down through the grey zone. Go Short if the downtrend line does not hold. Use appropriate risk-reward ratio. Always use a stop loss. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
HCL seems to have found strong support around 904. Previous resistance is converted into support.
Attractive valuation, strong fundamentals, Low RSI, Fibonacci support level, 100 days moving average support level. Perfect time to start accumulating the stock for long term.
NSE trading @ 928.35 An amazing script for Investors. HCL Tech has been in an uptrend since March 20 and doesn't look weak in anyway. An expected correction has been happening since 13th Jan 21 but the candles have been taking support along the trend line since 31st Jan 21. We can consider this correction as a 'Continuation Bullish Flag' and expect a very...