Long HCL Tech at Current Level; Target @ 700-705 HCL Tech closes above boring candle hence looks strong at the current level, target around 700-705 levels with 3-4 session trade.
SL can be considered around 613 level on closing basis
HCLTECH
Short HcltechI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NIFTY IT Index : Weekly BreakoutNifty IT index has broken above the weekly highs which also the resistance.
And MACD is also breaking out higher.
Looking for Infy, TCS & HCLTech to go long !!
Already above Breakout : Infy , HCLTech
HCL RETRACED 100% FROM ITS MARCH LOWSIf it breaks 621.5 go long with taking small targets, remember a strong resistance at 621.5. Sell very cautiously and use a very strict stop-loss. While there is a strong resistance at 621.5, the stock is looking strong because it retraced fully and broke the trend line upwards with high volume. Well their can be consolidation in the stock now, maybe a pullback can come too but the stock looks strong for long term investment.
HCL break range bound movement & now good to buy.HCL break range bound movement now good to buy. 1st target 615/620 if crossed 625 level than we can see very good upside moevemnt.
RSI above 50 which is good signal of strong movement.
HCLTECh on uptrend can take for long entry.On all TFs HCL Tech is on bullish mode & trading above the 50 EMA level. Now this stock is at the weekly BO level. so we can take long entry above the level of 595 for the target price of 620. Once the stock sustain & maintain the level we can see the new high of this stock very shortly.
So add the stock in your watch list to see the further price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
infy trade setup stop loss targets and personal views infy i see the stock shown underperformance as compared other stocks and added to it not shown much to help index in the recent upmove
now as index is 1000++ point up in 4 /5 days
a pullback cnt be denied
thus the responsibility to hold comes on shoulder of non perforforming counters
HCLTECH LONG !HCLTECH looks good on chart ! OI data for Future & Options, deliverable quantity percentage also high since past few trading expecting 580+ above target.
Hcltech Daily Analysis_29/06/20a. Zone: Moderate Bull
b. Resistance 1: 571.15
c. Resistance 2: 582.65
d. Support 1: 548.15
e. Support 2: 539.55
NSE:HCLTECH
HCL TECHNOLOGIES Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
HCL Technologies - Channel Movement PlayHCL TECH CMP 569
SL 555 dclbs
Target 588, 600, 615
Timeframe 12 trading sessions
HCL TECH Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
HCL Tech under selling pressure We can see the bullish trend has been seen in the charts of HCT Tech . Now as per the mark trend line break down short entry can be taken for the next level of 555. once the stock break the level of 553 we can see more bullishness in stock & below 540 level can be seen. So add the stock in your watch list for further action.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
HCL TECHBuy HCLTECH Above Rs. 579 for the Targets of Rs. 587 - 610 ....
Stoploss-Rs. 569 ...
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Thank you,
Vishwajeet Sharma
HCL-Tech - range boundHCLTECH range bound from few days, should be a good stock to trade when it breaks the boundary either low or high.
HCL Tech is at resistance - PCR is ~0.7HCL closed at strong resistance. Looking at PCR of 0.7, there is high chance that it may go down from this point. Weak for intraday, otherwise I am bullish on stock from fundaments - P/E is less than industry average and overall NIFTY IT is doing good.
Let's see how it goes tomorrow. I will short.
HCL Long (Result Impact)HCL Test Supply Zone and Fail
Expect Fib Retrace 50% and Also Waiting For Result
(Quality Stock) Entry Minimum Price
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
HCL Tech - Breakout - Triangle PatternHCL Tech has broken above from a triangle. The Breakout Zone is between 535-540. Go long when it retests this zone.
Target : 575-580
Stop Loss : 527
