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.
NSE:HCLTECH has shown a breakout. Buy position can be taken for 12% potential profit in a short term. The RR ratio is 3.
HCL seems to have found strong support around 904. Previous resistance is converted into support.
Scrip name -HCLTECH Possibly, the scrip seems weak below 927.5 if holds for mentioned three targets. The trade becomes invalid if price goes above 935. As sustaining above 935 can push further up towards 950/970. If you like my ideas then give a like and comment to keep me motivated. Thanking you
HCLTECH EQUITY Levels...26/02/2021 (D Candle)
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.
Sustaining above 956 can push towards 985/1004. Ignore if gap up. Regards
Hcl is going to give a breakout sooner Once it break the line it can go upto 1000 or more
It's time to move up now if S3 not broken. targets and support on the chart. What is Channel Chart Pattern? Channel Chart pattern is a type of technical analysis in which the price movement is contained between the two parallel trend line and it is very easy to notice this pattern in real charts. Channels basically work on support and resistance. It consists...
It may retrace upto 920 Level. But looks attractive for BUY. STOP-LOSS & TARGET all would be updated afterwards. Chart By - Adarsh Dey
Waiting for the breakout from the flag.
Stuck in 960-973 range, might show an upward move if it crosses 973 with good volume. Keep an eye -_-. Note : Only for educational purposes not a trading advice
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...