Currently the stock has discounted 14% from all time high levels.
HCL (Daily):
1. Stock constantly took support at major demand zone around 1098 levels
2. Stock is making Double Bottom
3. Positive crossover of 5, 13 Daily Exponential Moving Average
4. Bounced back from 200 Days Exponential Moving Average
5. Good buying volumes
View Point:
1. If the stock...
HCL tech has given breakout of inverted Head and shoulder pattern. if sustain , then can give very good return.
rest is detailed over chart.
Disclaimer : This is for educational purpose only
I hope you can now see how HCLTECH represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the...
NSE:HCLTECH
Observations:
1) On Daily time frame, It just closed at 10DMA.
10DMA is placed at 1172.09 level range. If it sustain above it then we can see an upmove.
Please refer below chart : 1 day Time Frame.
1200 level is major breakout level.
1180 is immediate resistance.
Please refer below chart : 1 day Time Frame.
3) On 15min time frame,...
NSE:HCLTECH
Trade Setup for Date 03-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
...
intraday idea for HCLTECH . BUY/ SELL BELOW OR ABOVE. the mentioned price only if it closes above it. stoploss can be placed below trendline. if you like the analysis like,share.
![HCLTECH: Simple Trade Setup | HCLTECH | 15-11-2021 [ INTRADAY]](https://s3.tradingview.com/x/Xnz5ZxLT_mid.png "Simple Trade Setup | HCLTECH | 15-11-2021 [ INTRADAY]")
