HCLTECH
HCL TECH; At the brink of a breakdownHCL TECH
CMP 639.90
The stock near an important level which has acted as support for some time now.
A break and close below 635 may lead to further fall up to 882 levels.
Alternatively one may consider the following strategy
Sell HCL TECH Jan expiry
660 CALL OPTION
around 22
Lot size 700
The strategy has a max profit potential of Rs 15400 if HCL closes anywhere below 660 on 31st Jan.
Inbuilt Loss protection for a rise on stock up to 682 on expiry day
take care & safe trading...!!!
MyAlgo : xMRSI-Progresser: Intraday : 26Oct-HCLTECH-LongBased on my xMRSI-Progresser predictive trading methodologies, its going to be a GREEN candle on 26-Oct-2018 for HCLTECH
Buy Above(5Min candle close): 1007.4 for targets -
T1: 1015
T2: 1019.5
T3: 1024.2
SL: 999.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
LONG OR SHORT "GO WITH THE TREND MY DEAR FRIEND" - 09/10/2018NSE:HCLTECH
FOLLOW THE LEVELS FOR INTRADAY TRADE ON 09/10/2018
BUY (LONG)-
If the stock crosses the level of 1085 and go for following targets with SL of 1048
TARGET-1: 1095.40
TARGET-2: 1106.20
TARGET-3: 1117.10
SELL (SHORT)-
If the stock breaks the level of 1047 and go for following targets with SL of 1084
TARGET-1: 1037.50
TARGET-2: 1027.00
TARGET-3: 1016.50
STAY CONNECTED
EARN HUGE PROFITS; TAKE SMALL LOSSES
TECHM october series importanr levels I see some sort of correction in it sector to balance the one way rally ... but the correction will again get over soon looking at the earning season into picture as well as the usd inr depriciation will generate better revenue story for these stocks like tcs infy etc