HCl Tech Looking good above 1152Hcl Tech Breakout 1152,
Buy above 1155 two closing need in 1day
chart for more confirmation
Sl 1120 Closing Basis
Target 1340
Hcltechfuture
HCL : Time to accumulate HCL Weekly Chart.
1. Trading at PRZ (900-950) - A good accumulation zone.
2. Historical support level 900 nearby.
3. Potential Breakout level is 1,010.
HCL DOUBLE TOP + 200 MA BREAKDOWNHCLTECH 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%
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HCL - Approaching a demand zoneKey Highlights:
1. Bullish market structure on HTF
2. Broke above the horizontal level
3. Untested demand zone below
4. Just above 200 MA on daily TF
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
Simple Trade Setup | HCLTECH | 15-11-2021 [ INTRADAY]NSE:HCLTECH
Observations:
1) On Daily time frame, It just closed at 10DMA.
10DMA is placed at 1172.09 level range. If it sustain above it then we can see an upmove.
Please refer below chart : 1 day Time Frame.
1200 level is major breakout level.
1180 is immediate resistance.
Please refer below chart : 1 day Time Frame.
3) On 15min time frame, it is trading in triangle pattern. If it gives sustainable breakout of it then it will be quick buy trade. If it faces resistance from the upper line of the triangle then it will be short trade.
Breakdown of the bottom line of triangle will make it more bearish.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
HCLTECHNSE: HCLLTECH 1188
-Triangle Like Formation Breakout
-Closing At Resistance
-Price Confirms But Volume Missing
-Next Levels To Watch 1190-1215-1240-1265
-Support Levels Are 1150-1135-1110
-Closing Basis
HCL techat support formed apna wala candle bullish setup good RR one can add for 10% move in nxt 15 trading session with days low as sl on closing basis.
Simple Trade Setup | HCLTECH | 03-09-2021NSE:HCLTECH
Trade Setup for Date 03-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
HCL TECH VERY BEARISHSell At Cmp 909.45
Add Some If Price Bounce To 940-950
SL - 987 (DCB)
Target - 850/800
One Can Buy Put Option On Any Bounce To Mention Levels.
