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HCLTECH

HCL Tech: Channel Breakout Above 2000Details: Asset: HCL Technologies (HCLTECH) Breakout Level: Sustaining above 2000 Potential Target: To be determined based on breakout momentum Stop Loss: Below 2000 or as per risk tolerance Timeframe: Medium-term Rationale: HCL Tech is holding strong above 2000, signaling the possibility of a channel breakout. Sustained buying above this level could trigger a significant upward move. Market Analysis: Technical Setup: The stock is poised for a breakout with sustained levels above 2000, supported by consistent volume and positive price action. Sector Outlook: As a leading IT company, HCL Tech benefits from strong global demand for digital services and software solutions. Risk Management: Implement a stop loss slightly below 2000 to minimize downside risk in case of reversal. Timeframe: Medium-term move anticipated, contingent on sustained momentum and market conditions. Risk-Reward Ratio: Favorable setup with a strong breakout level and potential for significant upside. Keep an eye on market sentiment and sector performance for additional confirmation.
NSE:HCLTECHLong
by CyborgTradingHub
HCL TECH - Bullish Outlook | Min 25%+ upside potentialPrice Analysis & Overview: 1. Breakout & Retest of the previous ATH levels. 2. Tapped Weekly demand area. 3. EMA support taken. 4. Showing good strength in buying. 5. RRR is favourable. Trade Plan: ENTRY = CMP 1440 SL= 10% 1300 TP = 1:2,1:3,1:4 - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:HCLTECHLong
by SuperNova396
1
HCLTECH |Upcoming Trade set up|Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending Triangle Pattern in Daily TF. * From Sep 2024 to Nov 2024 Tested & Moving Near Resistance Many times. * It's Near resistance Zone and trying to Sustain Near Resistance Zone with good volume good closing required. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:HCLTECHLong
by ChartSight
6
HCLTECH Breakout with a good upside potentialHey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending Triangle Pattern in Daily TF. * From Sep 2024 to Oct 2024 Tested & Moving Near Resistance Many times. * It's Break resistance Zone and trying to Sustain above Resistance Zone with good volume good closing required. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:HCLTECHLong
by ChartSight
1
HCL TECH - SWING TRADE ON LONG SIDESymbol - HCLTECH HCL Tech is currently trading at 1360 1300 - 1360 is a good support area for HCL Technologies Ltd. I'm seeing a trading opportunity on buy side. Buying HCL Tech Futures at CMP 1360 I will be adding more if 1330 comes & hold with SL of 1295 Targets I'm expecting are 1440 - 1485 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:HCLTECHLong
by akshit_official
11
15 Jan ’24 — BankNifty stance change from neutral to bullish 🐂BankNifty Analysis - Stance Bullish ⬆️ BankNifty also gets a stance upgrade from neutral to bullish today. After we crossed the 47539 resistance, its level as support never got tested. Today’s gap-up was not so visible for the banks - but the price action was more healthy. 4mts chart The stance change came only in the last 15 minutes or so when BankNifty started to shift the gears. 48250 was a level I was watching for. Even though we did not breach it today, the momentum banknifty showed in the last 1 hour was more than satisfactory to change the stance. 63mts chart The last candle made all the difference today, that is the secret ingredient for the change of stance. For tomorrow, the first thing BN has to do is take out the 48422 levels and if possible get a new ATH. The quarterly results from the component stocks will have a huge role to play. Look what the results of TCS, INFY, WIPRO, HCLTECH did to the NiftyIT sector - it almost went up 9% in the last 2 sessions.
NSE:BANKNIFTYLong
by viswaram
HCLTech (Weekly Breakout Stock)HCLTech can give a breakout above the 1377 level. The stock needs to close above the 1377 level. The chart looks good on weekly and monthly time frames. It has a possible upside of 1483 and 1650. One can place a stop loss of 1357 on a weekly closing basis. The level of 1377 can act as a support zone. Also, a round bottom pattern can be seen on a weekly time frame. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation
NSE:HCLTECHLong
by onkarsoundankar
1
HCL Technologies Ltd | A IT Sector Momentum StockHCL Technologies Ltd | A IT Sector Momentum Stock HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues Financial :Strong Market Cap n= 3,96,928 Cr. ROCE = 28.3 % ROE = 23.0 % Debt to equity = 0.08 Promoter holding = 60.8 % Quick ratio = 2.56 Current ratio = 2.56 Piotroski score = 8.00 Profit Var 3Yrs = 10.2 % Sales growth 3Years = 12.8 % Return on assets = 16.1 % HCL Tech is strong fundamental stock with right now in monthly basis have strong momentum. also all IT sector is in bullish trend .This is ready to going in uncharted territory space. so we have to closely watch this stock for future. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and comment freely
BSE:HCLTECHLong
by Momentuminvesting5540