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.
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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...
