HCLTECH trade ideas
HCL TECH POSITIONALHCL TECH LEVELS MENTIONED ON CHART
STOCK IS IN UPTREND. POSTIONALLY LOOKING GOOD
Disclaimer: The chart is for educational purpose. Please consult your financial advisor before investing.
HCL Tech Major Resistance BONSE:HCLTECH
Buy near 1060 -1070
SL closing below 990
T 1110, 1140, 1155, 1180
IMPORTANCE OF SUPPLY & DEMAND | HCLNSE:HCLTECH
🔴 Stock market and the price action is all about how the market had reacted to the past behavior and the emotions of the buyers and sellers...
🔴 so, once you have the clear view about the previous trading sessions,
🔴 with that past behavior of buyers and sellers it may help us to predict what is gonna happen in the future with the price...
🔴 When you know the importance of supply and demand you can trade with the clear view of the market moves....
🔴 when the strong supply zone breached or engulfed it is supposed to act as a demand zone in the future.....
🔴 In the same way when demand zone engulfed it may act as a supply zone, it is known as flipping zones or SR flip...
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
hcl tech range bound good to buy at 900-925hcl tech is moving in side ways good to accumulate and we can expect recatangular break out in the long run
900 and below is best price for hcl tech its like fair price
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
hcl tech 1050++ to 1200can expect by results this month
many it stocks rallied but hcl tech has still lot more to go
check previous hcl tech idea if possible ,accumulation zone is 900-925 so incase breaks down also that would be good dip
but chances of reaching 925 from here is very very low
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
HCLTECH has given good closingNSE:HCLTECH has been able to give closing above 1060 levels today. This time it looks like we'll be able to see 1080 levels.
HCL Technologies: Intraday AnalysisHCL Technologies forming a symmetrical triangle on 15 Minute chart and simultaneously taking support from the Demand and Supply Zone which was previously acting as resistance but now turned into support on multiple occasions.
HCLTECH - BullishTriple Top
VCP Pattern
Buy only above 1065/70 (if breaks with High Volume)
Sl below 1035 CLBS
HCL Tech breaking descending triangle pattern HCL tech making descending triangle pattern in 15M chart. Breaking this pattern can give a good breakout either side, probability of breakout is upside and i can easily break its previous high of 1072.
Reasons of breakout :
1. It had broke its 1045 level on 5 august which was a resistance and being tested on 15 jan, 8 apri & 25 july.
2. Making a descending triangle pattern in 15M chart.
3. 1045 resistance converted into great support after reversal.
4. 200 days EMA being a good support near 1045 support level.
HCL TECH WE CAN SEE A BULLISH MOVE HCL TECH BUY AFTER 1070
we can see a after breakout after a long time so u can buy
HCL TECH LTD.HCL TECH LTD.
DATE - AUG 07, 2021.
1.Stock facing the strong resistence of 1060.
2.Very high delivered volume 81%.
3.Stock is near the breakout, lets see what happen in next few session.
hcl shortstock is at very good position and has multiple support .stock can show good moves both sides
Hcl Hcl is at multiple support and can show big move in both sides and it's also making double top pattern on inclined line
HCLTECH - ASCENDING TRIANGLE & RESISTANCE BREAK-OUTBoth channel depth & FIBO level are coinciding at target point
Refer chart for levels
Fresh breakout on daily charts HCLTECH - Swing ideaWe can see a fresh breakout on the weekly and the daily chart after a good consolidation of 7 months from January.
This can be a long trade with a 1:4 RR. Stop loss of 30 points which is below the weekly candle low and target can be around 130 points.
Kindly note that this is only for learning purposes and not a recommendation. Please consult your financial advisor
HCLTECH Time for Long PositionBreakout stocks, after breakout top resistance, double confirmation for upside move..
HCLTECHAll charts/views posted here are for educational purpose only. We are not responsible for any of your profit/loss.
