HCLTECH trade ideas
HCL Technologies Ltd - Trendline Support + Just a View📊 Script: HCLTECH (HCL TECHNOLOGIES LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY IT / NIFTY 500
📊 Sector: Information Technology
📊 Industry: Computers - Software & Consulting
Key highlights: 💡⚡
📈 Script is trading near at its support level which is around 897.
📈 RSI is nearby to its Oversold zone.
📈 script may bounce back from its support level keep an eye on it.
📈 Fundamentals are also strong, one can buy on dips for long term.
📈 if it start moving upward first target will be 990 , Always maintain your Risk & Reward Ratio.
⏱️ C.M.P 📑💰- 895
🟢 Target 🎯🏆 - 990
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy Navaratri 🕉️ 💃🏻🕺🏻
HCL Tech - Trendline & Triangle breakoutBullish on HCL Tech.
Technical:
Trendline breakout, formed doble bottom, triangle breakout and above 50 MA.
When its breakout 1060 it can fly up to 1400.
Stop loss 880
Fundamental:
PE: 19, Dividend yield 3.9%, Debt to Equity = 0.11.
Company's median sales growth is 17.0% of last 10 years
Looks very attractive fundamental point of view. Its value buying.
Disclaimer: Educational Purpose
HCLTECHclosed above 100 DMA 957.19 with increased volume. negligible debt. sale increased near about 20%
W Pattern Spotted For HCLTECHAfter forming a double bottom pattern and testing the strong resistance region and now the market has successfully broken it . The market now moves for the 4th long leg of the W Pattern . The provides an opportunity open long trades for a medium term of time.
{DYOR}
More Intraday stock signals for NSE and BSE segments upcoming daily. Follow 4 more
HCL breakout above 973..Target is 1040It is giving shake out and can have good oppertuinity...Wait for breakout and see follow up in small timeframe..Then u are good to go.
Looks trend changing action RS going to be positive
Outperformed nifty for many days.
Made a w patern on long time support area.
hcl technologies short note trade at your own risk I am not Sebi verified trainer or trader and trade with your stop losses never lose more than 2% of your capital in trading
HCL TECH - LONG TERMDouble bottom formation, buy above 987 for long term with stoploss of 880, target 1350
Possible swing tradeThe stock has taken support from it's strong S/R zone and made a bullish engulfing candle.
One can buy above 938.5 level for further upmove. For long term investors this can be a good level to accumulate this stock.
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
I always encourage partial booking 1-2% profits and use a strict trailing stop loss.
Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
HCL TECH HammerHammer formation at 882.00.
Second candle high 905.50
1:1 Target is 929
Time-frame H1
hcl Stock only for education prepose only Analysis for down trend is coming soon the chat say this week is market going to be bearish
HCLTECHHCLTECH stock is waiting for a channel breakout.buying entry is open and close above the chennal line.trarget 1050 with stoploss 894. NSE:HCLTECH
hcltechAlways follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading😊
HCL break the trend line after longtimeHCL has in long down trend and finally make break out of strong trend line.
And this stock fundamental also good best time to buy for swing trade and long term.
HCL tech quick profit !!HCL tech broke past its long term trendline and made a retest while forming a reversal candle and has now broken out after a tight box consolidation.
Limit order could be placed right above the 50ema for a quick profit at 948.60 for 1:1.5 risk:reward
Keep It Simple
[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
HCL Technology Wave Analysis !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk : Reward: 8-10 times.
hcl head and shoulder if hcl tech cross 1294 on the bearish side
your TGT is 1288 2.1282 3.1277 4.1270 stop loss will be 1300
be careful and maintain your stop loss
HCL hunted the stoploss target 929Please do your analysis and make it right. HCL hunted the stoploss points and will reach first target 929.
HCLTECHHCLTECH is giving 5 weeks of Insider bar breakout - keep this in watchlist for next few weeks and it can give a very good return
