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...
HCL 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 =...
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
On 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....
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
HCL 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...
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...
HCL Tech Future if crosses 1064 then it may head towards 1087,1104
* 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...
HCLTECH is ready for a blast soon. For intraday, If it crosses 1112-1115 and sustain above it will give u a ample amount of profit if u take options. I am tracking it since last month as I am a momentum trader. I used to track stocks for creating an momentum playing opportunity. If u wish to learn my techniques just follow me and msg me.
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...
HCLTECH 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...
HCL Tech has broken the Trend line in Daily Time frame. Buy above 970 SL 925 1st Target 1070 and 1090 is 2nd Target. Thanks
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.
NSE:HCLTECH #NSE:HCLTECH trading @ Key Support level and good above 935 with as 925 SL. Medium to long term, chances to continue fall if BD 890 level. Happy LEarning !!