This post is for educational purpose only, please take any trade at your own risk. C&H pattern targets already achieved, now flag pattern on monthly need to be achieved, for now 1680 seems near term target, 1880 medium term target and 2080 long term target (6 months to 1 Yr most likely)
Our views on HCL Tech is bullish until it's up side of trendline and target is next resistance drawn What's yours?
NSE:HCLTECH Analysis on a Daily Timeframe! Entry = Above 1775.35 Stop Loss = Below 1144.10 Target = 1203.45 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Note: This is for educational purpose only. Please do not trade based on this. I am not a registered SEBI professional. These are just views for study purpose. There seems to be a pullback post break out in HCL Tech. Moreover, the RSI and Relative strength is in bullish zone. There is a build up near resistance as well. SL: 1100
HCL looks bullish with this breakout 👀 Looking for more upside locally📈
Hcl Tech Breakout 1152, Buy above 1155 two closing need in 1day chart for more confirmation Sl 1120 Closing Basis Target 1340
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:...
#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...
Daily 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...
Important HCLTECH Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
Volume is supporting the Price movement in a Weekly basis. On daily Price decreased but Volume also decreased. Stuck on Symmeterric Triangle. Inside bar pattern formed. Will wait for either side to Breakout.
On a daily time frame, the stock after a bull Run has been consolidating. The flag and pole pattern is a bullish pattern and once it breaks out of the parallel channel it will give good targets. Support :- 1150, 1138 Resistance:- 1223, 1254 Wait for the break out of the parallel channel