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.
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Tradingstrategies
BREKOUT IN POLYMED 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF POLYMED :-
•Breakout of Darvasbox on DTF with strong candle
•Break major Resistance
•Volume increases last few day high
•Bullish trend/ make good structure also
•Made good price action
•Make higher highs/higher lows
- Price rally above 50EMA
📌 Add on your watchlist....
📌 If you have any questions about any stock you can DM me Or comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
Indiabulls Housing Finance Analysis Stock 113 to 193 as per previous analysis, again after retesting ready for another breakout, follow chart for proper support and resistance levels.
XAUUSD is looking for DOWN.Gold is seeking for Big Players to short and to trap buyers from here. Retailers are trying to push gold above 1980 and even above 2000 but they(MM) have some other plans. Retailers did not come out from the mindset of buying, but there is still a chance for buyers if war escalates.
Fundamentally and Technically gold is down.
Stay updated!!
LEMONTREE: Riding the Upward Wave 🔥Lemon Tree: Ascending Triangle Breakout 🚀
Lemon Tree, a major player in India's hotel industry, is making waves. 🏨🌟
📈 Technical Analysis:
The stock is exhibiting an ascending triangle pattern breakout, indicating a potential bullish move ahead. This formation suggests that the upward momentum could continue, presenting a trading opportunity.
🔍 What's Happening:
Lemon Tree, known for its hospitality excellence, is riding on positive sentiment. The ascending triangle breakout could signal a further rise in stock value.
📊 Trade Idea:
Consider a long position in Lemon Tree with appropriate risk management strategies. Keep an eye on price action and volume for confirmation.
(Note: This is not financial advice. Perform your analysis before making trading decisions.)
Stay tuned for more trade ideas and insights! 📈🔍
#TradingView #StockAnalysis #LemonTree #TradeIdeas
REC LTD Setup ready to go longLong REC LTD above 250 for the long-term target. The stock has been in an uptrend for a long time & a small correction or pullback period has been over. Stock is trading near 50 EMA. levels of 300+ can be seen in the coming days.
This is for your educational purpose only.
Nifty Trading Plan for Monday 28 Aug Nifty Support & Resistance is the Best Nifty Trading Indicator for Day Trading it is also called Nifty Price Action Strategy
Support Zones for Nifty are as Given Below
S1- 19180
S2- 19050
S3 -19000
Resistance Zones for Nifty are as Given Below
R1- 19270
R2 -19370
R3 -19440
Nifty Trend Signal From Open Interest Analysis
PCR ratio as per Option Chain Analysis -0.75 ( Bearish)
Max Pain As per Option Chain Analysis -19300
Major Resistance as Per Nifty Open Interest Analysis -19400
Major Support as Per Nifty Open Interest Analysis - 19000
Long Opportunity in Nifty for Intraday Trading
On Friday Nifty CLoses below 19260 On Monday First Buying opportunity will be above 19315 Upside Targets for Nifty are 19370,19440
Nifty Short opportunity
As we Know Nifty is in a short-term Down Trend, If Not sustained below 18270 then it's a short opportunity and the target is 19180, 19050, If you want to take a short trade keep a small stop loss.