HCLTECH trade ideas
HCL TECH BUY FOR 1400++ AT GIVEN LEVELSDIP CHAHIYE THA SABKO AB BUY KARO DIP MIL RAHA TOH..
SIMPLY BUY AND RELAX..
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
HCLTECH LongI hope you can now see how HCLTECH represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SHORT TERM VIEWLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis.
HCL - Approaching a demand zoneKey Highlights:
1. Bullish market structure on HTF
2. Broke above the horizontal level
3. Untested demand zone below
4. Just above 200 MA on daily TF
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
Simple Trade Setup | HCLTECH | 15-11-2021 [ INTRADAY]NSE:HCLTECH
Observations:
1) On Daily time frame, It just closed at 10DMA.
10DMA is placed at 1172.09 level range. If it sustain above it then we can see an upmove.
Please refer below chart : 1 day Time Frame.
1200 level is major breakout level.
1180 is immediate resistance.
Please refer below chart : 1 day Time Frame.
3) On 15min time frame, it is trading in triangle pattern. If it gives sustainable breakout of it then it will be quick buy trade. If it faces resistance from the upper line of the triangle then it will be short trade.
Breakdown of the bottom line of triangle will make it more bearish.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
HCL TechnologiesHaving a lot of expectation for this stock to move upside. There are lot of confirmations on charts, However I am not plotting them on charts neither disclosing for now.
The probable targets are 1242 & 1273 in short term. Rest all will be updated afterwards in update idea section.
Chart & Analysis - Adarsh Dey
HCLTech less risky entry analysed on 1 nov 2021less risky entry possile as the stock is near to IMP
trend line support
fundamentally the stock is also good and
as observed that fundamentally trading less than other IT stock PE though has high growth rate of sales 5yr and 3 yrs com to TCS and INFY
also looking at the it space big stock like TCS is also available at that IMP trend line support so IT as sector can give good returns from here