Retracement short setup in HclTech. May fall till 1137.65 - 1125.70 Before taking the trade check all the rules & market sentiment.
HCLTECH Formed Ascending Triangle Pattern. Wait for proper breakout and retest and based on that, one can look for entries. Please HIT the like button, this motivates us to make more such analysis. For more such trading content follow us on ( @tradechefofficial )
Nifty It has been showing no particular direction for the past week, sometimes on a solid green day it manages to fall and sometimes seeing Nasdaq it seems to gain some points but what is the real direction of this sector? I have taken the top 5 Nifty I.T stocks that have the most weightage in this sector and have analysed them. Below are all the top 5...
HCL Tech looks weak below 1157, sell if sustains below this level for the lower marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
This is just for educational purpose and no buy or sell recommendation. Chart is self explanatory.
Will go up from here min 5% up (1210) +200ema support in HCL TECH
We can see bear trap + 200ema support in HCL TECH. We can make long entry by keeping our SL below 200ema. Targets are mentioned in the chart itself.
HCLTECH fell with every other I,T giant like wipro & techm but it looks more bearish from here on. All analysis is explained in the chart above. Short below - 1045 Targets will be 3%, 5% & 10% Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades...
I am not sure about taking a long position, given the weak market outlook. Just sharing a few stocks I am keeping a track of which have reached their trendline support and might be a good time to accumulate in piecemeal. Not an Investment Advice. I am just curious to see how it plays out.
Upward Channel is broken on the downside with a bearish engulfing candle Close below the channel support of 100 MA broken MACD gives a negative sign Go short SL 1242 Target 1110
HCLTECH can be accumulated as well with a small stop below Friday's low. View negated if it closes below yesterday's low.
Long HCL Tech. Gap filling done. Enter Partial qty for now.
Understanding intraday trades. buy and sell according to levels.
HCLTECH is trading near the ATH and it is about to break. It is expected to move another 250 points up as per the structure, lets see.
Buy HCLTECH above 1323 SL - 1308 TARGET - 1352 it is for short trem( 1 Week - 1.5 Week) IT IS FOR EDUCATIONAL PURPOSE ONLY ,DO OWN RESEARCH BEFORE NSE:HCLTECH ORE BUYING
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
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...