missed Asian Paints here is another one. The stock halted at 50% at 1298. This correction was an indication of strength. It broke out above 1329. The consolidation above the breakout zone is offering an opportunity to buy. Look at the volume on the green candle. Its very positive. Hence its a buy at CMP of 1338 we are looking at 1370
--Breakout and retest completed -- flag and pole pattern --T-1500 Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do your own...
Ascending Triangle Pattern Breakout and retest done on weekly chart of HCL Technologies. Buy at 1256 SL below 1185 Target 1 : 1385 Target 2 : 1500
A good short term opportunity has presented itself in HCL Technologies. Stock has shown a good bounce off the 50 DMA with strong volumes. The move is coming on the back of satisfactory results. Nifty IT index is also in a good trending structure. A powerful Bullish Engulfing has formed right at the moving average which gives more confidence to go long. SL: This...
NSE:HCLTECH has given a strong breakout on weekly charts. This is another IT company that is looking strong. One can invest here with a stop loss at 1250. Go long.
HCL Tech is given breakout so it will move fast n soon targets will achieve
we can see a breakout in the stock in coming week as the sector is performing good and stock has good volume with upside of 5 to 7%.
The stock recently experienced a breakout on the weekly chart, marking a significant event after a two-year period. The breakout was characterized by a strong bullish candle, indicating substantial buying interest and momentum.
HCL TECH has formed cup and handle pattern and it is ready for breakout. Look for volume at the time of breakout that will give confirmation. RRR is very much favourable and looking at market the sentiment is bullish and IT has been underperforming since long hence great chance of IT participation in NIFTY bullish trend. Entry: 1160 daily closing Target -:...
1. Breakout after 2 years. 2. IT stocks are buzzing. 3. Do you research.
This is the long term analysis for HCL Tech. The stock recently tried to give a breakout from its range. Here are the details of the analysis- The stock is expected to be in the range, until the price comes to the trendline support. The price will take a support from the trendline and grow with it. The targets are- 1400, 1438 and 1500 from Short term to Long...
HCL Technologies is also Near the Strong Resistance in Weekly it's Made a( Hanging Man Candle) Near the Resistance Trendline two things Happen Reverse or Take Support at Previous Resistance as Support Level
#HCLTECH CMP : ₹. 1364 Date : 09-12-2023 A leading global IT giant having more than 60% promoter holdings with zero promoter pledge and low debt. ROE,ROCE,ROA all fundamental parameters are improving for last two years. After the news that HCL Technologies Ltd intends to establish a chip packing unit in Karnataka with an estimated investment of $400 million ,share...
# HCL TECH # BUY ABOVE - 1180 SHORT TERM TG - 1360 - 1370 SHORT TERM CBSL - 1095 LONG TERM TG - 1800 LONG TERM CBSL - 1000 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits...
HCL tech giving Breakout from important levels ....Consolidation was happening for almost 2 years ....Expecting rally of 6-8% in a weeks time . Dont miss the rally
Our views on HCL Tech is bullish until it's up side of trendline and target is next resistance drawn What's yours?
Cup and handle, going to see very good target in weeks or months.
CMP1325.40 SELLING ZONE 1328-21 SL 1336 TGTs 1288/51/12 (Positional View)