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Hcltechlong

HCL TechnologiesBreakout at 1830 will create new highs. Positive candle closing above 1830 will be a buy Target will be 1899. All important points are marked. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
NSE:HCLTECHLong
by sreekumars
HCL TECH - SWING TRADE ON LONG SIDESymbol - HCLTECH HCL Tech is currently trading at 1360 1300 - 1360 is a good support area for HCL Technologies Ltd. I'm seeing a trading opportunity on buy side. Buying HCL Tech Futures at CMP 1360 I will be adding more if 1330 comes & hold with SL of 1295 Targets I'm expecting are 1440 - 1485 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:HCLTECHLong
by akshit_official
11
HCLTech (Weekly Breakout Stock)HCLTech can give a breakout above the 1377 level. The stock needs to close above the 1377 level. The chart looks good on weekly and monthly time frames. It has a possible upside of 1483 and 1650. One can place a stop loss of 1357 on a weekly closing basis. The level of 1377 can act as a support zone. Also, a round bottom pattern can be seen on a weekly time frame. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation
NSE:HCLTECHLong
by onkarsoundankar
1
HCL Technologies Ltd | A IT Sector Momentum StockHCL Technologies Ltd | A IT Sector Momentum Stock HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues Financial :Strong Market Cap n= 3,96,928 Cr. ROCE = 28.3 % ROE = 23.0 % Debt to equity = 0.08 Promoter holding = 60.8 % Quick ratio = 2.56 Current ratio = 2.56 Piotroski score = 8.00 Profit Var 3Yrs = 10.2 % Sales growth 3Years = 12.8 % Return on assets = 16.1 % HCL Tech is strong fundamental stock with right now in monthly basis have strong momentum. also all IT sector is in bullish trend .This is ready to going in uncharted territory space. so we have to closely watch this stock for future. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and comment freely
BSE:HCLTECHLong
by Momentuminvesting5540
HCL Breakout & Retest PatternOn the daily chart of HCL Technologies, we can observe a strong breakout above a resistance zone that was tested multiple times. Following the breakout, the price has pulled back to the flip zone, presenting a potential swing trading opportunity. For an entry, it is advisable to wait for the close of a strong bullish candle near the flip zone before going long. This will help to confirm the bullish momentum and reduce the risk of a false breakout. Regarding the stop loss, it is recommended to place it below the flip zone to limit potential losses if the price does not follow through with the expected bullish movement. Regarding the target, it would be prudent to aim for the next resistance zone, as marked on the chart. This area represents a potential area of profit-taking and could stall the upward momentum of the price. Thank you for reading. Please consider liking and following me for more trading insights.
NSE:HCLTECHLong
by vt_trader
2
HCL Tech a clear winnerHCL Tech is a leading tech company that has been making headlines recently due to its impressive performance in the stock market. With the stock recently taking support from a disjoint channel on the daily timeframe, investors are beginning to take notice of the potential for a long strategy on this promising stock. In addition to this technical support, HCL Tech also maintains a healthy dividend payout that is uniformly distributed across the year, making it an attractive investment option for those seeking long-term gains. Furthermore, HCL Tech has also taken support from a previous level on the daily timeframe, indicating that there may be some underlying strength to the stock's current price movement. When combined with the company's strong fundamentals, such as its solid financial position and impressive track record of growth, it's clear that HCL Tech is one of the most promising tech companies in the market today. Despite being relatively underrated compared to other tech giants like Infosys, TCS, and Wipro, HCL Tech is quickly gaining a reputation as a top performer in its industry. With its impressive fundamentals and recent technical support, now may be the perfect time for investors to consider a long strategy on HCL Tech stock. By taking a cautious and informed approach to investing in this promising company, investors can potentially reap significant rewards in the years to come.
NSE:HCLTECHLong
by ujjwal_18
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
Buying Opportunity in HCL TECH.* Price broke the down trend line and came back for retest. * This is a early buying suggestion as price didn't created a higher high (which would have acted as a confirmation). So the Idea here is BUY :948-950 LEVELS SL :865 LEVELS Target will be in execution. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss. *The long position in the chart is for representation purpose still I'd advise you to exit all positions at 1115 -1117 levels.
NSE:HCLTECHLong
by Mo-Kri
1
HCL TECHNOLOGIES HCL TECHNOLOGIES has beautifully taken a support at 0.5 Retracement level and its 200 Weekly Exponential Moving Average. If we try to see the importance of 200 Weekly Exponential Moving Average for HCL TECH, then you can observe it has been rarely been broken by HCL TECH(Year 2008 & 2020 shown in the chart). Rest of the time when market is not in a panic mode HCL TECH respects the 200 EMA quite precisely(Year 20212 & 2016 shown in the chart). Currently HCL TECH is taking support at its 200 EMA, 50% Retracement level of its Covid rally and a RSI Divergence has been formed at this official level. For short term a target of 1070 seems good from the Current level. CHART & ANALYSIS ADARSH DEY
NSE:HCLTECHLong
by AdarshDey
[Positional] HCLTECH Long IdeaHCLTECH has been trading in the narrow channel range from almost last 6 months. The Channel was a descending channel. HCLTECH Was trying to break the channel from last few days- it was trading very little above the edge of the channel. Today HCLTECH has convincingly broken the channel. Once can LONG HCL with below details:- Entry:- 980-982 (Trade can be taken now) SL:- 913 (Ideally the SL should have been placed at 880-881 range i.e. the channel low, but am placing the SL at the mid of channel) Target:- T1- 1053 T2- 1116 T3- 1213 Target can be achieved within next 4-6 months. Cheers, Santosh
NSE:HCLTECHLong
by Santosh_A_Chavan