HCLTECH trade ideas
HCL TECH Price Action AnalysisThe share price of HCL Tech is delicately placed resting at the Kijun Sen Line on the day chart.. being at indecisive juncture I am analyzing the hourly price trend that may emerge in the next couple of days as a result of the price action so far....comments given on chart itself, for educational purpose
HCL Technologies - Swing Trade OpportunityGo long in the range b/w 1300-1308; STOP below 1250; Tg . 1360, 1415 & 1468.
HCL can be good choice to tradeForming a double bottom kind of pattern. Can give a nice upmove today. Trend line can also be spotted in the chart
BUll RUN TO ₹1000 in the makingOverall Trend = Bullish
Broke bellow 50ema-------> double bottom pattern--------> Breakout ----> Retest
ready for further upmove
trend reversal patternshowing trend reversal pattern.
gjves return upto 8 to 10 %.
keep in raddar for coming days.
closer to 20 days moving avarage.
its on support zone.
HCLTECH - Head and Shoulder PattternA Head & Shoulder Patter formation can be seen on HCLTECH 1 HR Chart. A short opportunity can be seen in HCL Tech if it sustains below the neckline as mentioned in the picture. Will wait for a 15 min candle to give closing below the neckline. Target seem nice for intraday & short swing trade.
Levels are : Neckline : 1255, Targets : 1230 & 1215.
Please let me know your suggestions as well.
HCLTECH 1 day Time Frame AnalysisHCLTECH 1 day Time Frame Analysis
- Price is nicely moving above 200 MA
-Strong Support of 900 levels
- Major Resistance of 1050 levels try to break it 4 times
- Breaking this level can stretch the price up to 1200
- Breakdown of a current trendline can make it touch 1000-900 levels
HCL TECH Buy 1275 SL 1256 T1 1308 T2 1328Please use trendlines for resistance and support. Do your analysis before taking any trade.
Bullish flag pattern!! Stock has formed bullish flag pattern on hourly chart...any breakout above the upper trend line, may make new high in coming days...watch out for either breakout/breakdown...hoping for breakout
HCL tech Buy 1289 SL 1266 T1 1307 T2 1315Please use trendlines for resistance and support. Do your analysis before taking any trade.
HCLTECH, there is some profit booking seenIn NSE:HCLTECH , some profit booking is seen but volumes are not that great.
HCLTECH buy signal , will touch 4 digits soonI will buy HCLTECH because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 930/910
Target : 1044
Stop loss : 869
Buy Hcl TechI have recommended this share from 950. Today it has again given breakout! One can buy for the target of 1450 with 1250 SL. This is a short term trade. If you have invested as per my previous recommendations, Hold it! I will keep publishing new targets or you can message me for revised targets and SL
View - Short term
Time - 1 month.
HCL TECH Channel Breakout HCL TECH Channel Breakout
Risky traders can enter here and can add more when it retests.
Those who can't take that risk wait for a retest and then enter.
HCL reversal or Bullish ?As it is going contunous bullish and all time high Im expecting a reversal or retrace at thse levels bottom retest levels are 1250, 1240 and swing low at 1230. by any chance it can go and touch 1300 and then reverse
