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Hcltechanalysis

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
HCLTech downtrend movement potential with RISK:REWARD 2.1 HCLTech downtrend movement potential with RISK:REWARD 2.1 Symbol :HCLTech Time frame :1 hour Analysis: Break out from the symmetrical Triangle and rallied downside, re-tested, and again rallying on a downside.So, We can expect a SELL call. SELL below 1070 with stop loss 1108 and target 990. HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading #stockmarket, #sensex, #bse, #sharemarket, #nse #stockmarketnews #niftyfifty, #nifty ,#stockmarket, #sensex, #bse, #sharemarket, #nse ,#banknifty, #intraday ,#indianstockmarket ,#stockmarketindia ,#intradaytrading ,#investing, #trading, #stockmarketnews
NSE:HCLTECHShort
by TanujaK
HCLTECH Downtrend movement potential with RISK:Reward 3.3#HCLTECH #stockmarketindia #HCLTECHanalysis #tradingstrategy Symbol:HCL Tech Time frame: 2 hours what is the analysis? Breakout from the symmetrical Triangle for downtrend movement. Moving average condition is checked,RSI condition is checked, so the call is fulfilled for a downtrend/sell call with Risk:reward ratio of 3.3. Stoploss is 27 points and the target 91 points. sell at 1086 with SL 1115 and target 995. HOPE our analysis is adding value to your Stock market trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
NSE:HCLTECHShort
by TanujaK
HCLTECH - Possible Swing TradeDaily chart: If we look at the daily time frame, we can see that the stock is trading above the 50 and 200 moving averages. You may also notice that the stock is currently trading in a very strong zone since January 2021, which is about two years. 75-Minute Chart: if we look at the 75-minute chart, we can see that the stock has broken the rectangle &retested the breakout. currently trading below the 200EMA and trading in the strong zone that we mentioned earlier. If the zone and 200 EMA were broken with a bullish candle, we might consider planning a buy entry. We can see a gap on the chart, so if a buy entry occurs, we can set our target price below the resistance area that is located exactly at the gap. On the chart, I have noted targets 1 and 2, and a stop loss should be placed below the strong zone. "Wave Volume Divergence" indicator has also given us a buy signal, must try this indicator for confirmation. I hope this analysis was helpful to you. If so, I would appreciate it if you would like it and follow me on TradingView for more of these kinds of analysis. Disclaimer : Simply an educational post, I am not a SEBI-registered person.
NSE:HCLTECHLong
by AfnanTAjuddin