HCL TECH LOOKING GOOD FOR ANOTHER UPSWINGA very nice parallel channel, and breakout from INVERTED H&S
HCLTECH trade ideas
HCL Technologies Ltd.Trend analysis with 1D TF suggests that HCL is on its way to 1430 and than 1540.
HCL -Time to GO Long.NSE:HCLTECH
HCL is time to Go long for the Following :
1) Gap Up on Friday.
2) Net Volume Up.
3) Supertrend Positive
4) RSI indicating Long Position.
Keep trailing Stoploss at the moving Blue Line of Super Trend or you can get out of position when RSI Comes down and Cuts below Yellow Mean Line.
If INR 1367 is beaten, it can move further up. Be careful around that level.
For Educational Purposes only. The author is not responsible for Financial Losses.
HCL Technologies- Daily Time FrameHCL Technologies saw a short term correction as the whole IT sector witnessed it. As we can see it took support on trendline two times and respecting it, risk-averse can take entry after the marked levels while risk-takers can take entry at CMP for the following targets.
head & shoulder breakout trade setup:hcltech : cmp 1194
trade set up :
1. buy above 1195
2. keep stop loss as 1145
3. targets : 1239 / 1294 +++
technical setup:
1. head and shoulders
(inverse h&S)
2. bullish engulfing candle
Inverse Head & Shoulder pattern In HCLTECHHCLTECH Forming good shape in Chart.. Closing Above 1183 looks good. For intraday first Target 1199, 1215, 1238.. For Positional keep SL Below 1100 on closing, Target is open..
HCL Tech: Inverted Head and ShoulderHCL Tech: Inverted Head and Shoulder pattern - Price target : 1325
#HCLTECH updated harmonic pattern#HCLTECH updated harmonic pattern
Profit booking zone -1300.11
CMP:1265 @ 25 December 2021
HCLTECH buy ideaHCLTECH buy idea.
We can see hcltech breaking out from inverted head & shoulder pattern. Best entry will be after retest of neckline for target of 1260 level
breakout in hcl techInverse head and shoulder breakout in hcl tech. volume and open interest are increasing. rsi is above 60 so momentum is increasing on upside. it can give us a short term swing upto 1290
HCL 1D Analysis📚 HCL TECH
- Inverted H&S is seen .
- Neckline is broken .
- stock above 1215 sustaining will give levels of 1240/1275 .
HCL looks very bullish - buying opportunityHCL has very positive momentum
RSI above ~50
Forming a cup pattern, entry can be made between 1200-1222 level
Breakout already done, Re-test can be expected on support level 1200 which was pervious resistance.
Targets are mentioned in the chart and chart is self explanatory.
Great chart setup.
Disclaimer: This is for educational purpose, pls invest as per your analysis and risk-reward.
Bought 30% HCL Tech Bough HCL Tech
Reason:
1. Inverse Head and shoulder
Note- Don't follow my trade. This is only for education
Trendline and resistance breakout HCL Tech has given a trendline and resistance breakout
Stay tuned for a further up-move, can enter on a retest around 1190
Or, half the quantity around current level and other half if it retest
HCL SHARE TO XCLCLOSING above 1220 and IT sector breaking the previous pivot high and markets breaking 17000 is strict to buy...else it will only give a intraday rally and cool off if the market is not supportive.
ANCHORED vwap lines are those green colour lines and shows support and resistance
FOLLOW me for more such content ahead...Till then,
HAPPY TRADING :)
Buy above 1215 SL 1204 TGT 1227Suggestions are based on my analysis only. Please do your analysis before taking any trade.
buy HCLTECH
IHNS breakout done with volume
dips buy till 1190
SL 1140
breakout above 1220
TGT 1240 1260 1300
HCLTECH buy on daily #headandshoulderSwing Trade for HCLTECH................... you can go long with this stock for few weeks or days for positional or swing trades. Also company has good performance rate you can hold lifetime if it doesn't give any bad news about this company.
Buy Today Sell Tomorrow: HCLTECH for more than 3%HAVE A LOOK AT THE PAST PERFORMANCE ON THIS PAGE!
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
HCLTECH inv h&s pattern resistance will it cross??chart is simple and self explanatory
resistance level pattern formation .
breakout sustain or fall
observe as posted for self learning and sharing to inhance technical analysis pattern.
market always risky confirm at ur end technical fundamentals
risk is ur decission is ur.
