HCLTECH trade ideas
HCL DAILY TIME FRAME VIEWELLIOTT WAVE ANALYSIS: All observations are clearly indicated in the chart.
Elliott wave is an road map to identify the direction of market.
Wave "1" :Motive wave completed
Wave "2" :Simple zigzag completed
Wave "3" :Extended Motive Wave Golden wave also completed.
Wave "4" :Alternation rule so chances are there for formation of Triangle pattern (time consuming pattern).
Wave "5" : Not yet started
Swing TradeThere is chance of swing trade.
Target 1050
Stop loss: 850
ABCD reciprocal pattern can be seen.
HCLTECH - Head & ShouldersHead & Shoulders pattern forming on 4H Chart of HCLTECH . SELL 950, SL 1000.1, Target(s) - 935, 910, 895, 885. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
HCL Tech Reversal Trade - Low risk high rewardHCL Tech Reversal Trade
Enter above - 915 (daily closing basis)
SL below - 890 (daily closing basis)
Target - 7 -15%
HCL Tech - Sings for Buy & AccumulateHCL Technologies
The chart pattern shows the signal of retracement. Can think of buying and accumulating at this levels. Potential upside for about 10%-20%
The target levels are 954, 992, 1054
It can be accumulated, If it comes down from the current price.
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**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
HCLTECH POSITIONAL BUYCMP 908
BUY TRIGGERED AT 897
BEST BUY ZONE 2 865 TO 870
SL 844 ON WEEKLY CLOSING BASIS
TARGETS
933/960/985 BREAKOUT LEVEL
ABOVE BREAKOUT LEVEL TARGETS
1015 /1028/1044+
HCLTech : bachega ya marega? HCL technologies
Above 915
Target- 1000, 1080
SL- 890
Below 890
Target- 800
SL- 915
For Educational purpose only.
HCL TechnologiesInverted head and shoulder pattern formed in HCL Tech. Start accumulating share above 915 for the target of 1050.
Intraday Buy Position
Buy Above 915
Stop Loss 903
Target 930
Position buy above on closing basis
Buy Above 915
Stop Loss 895
Target 1 945
Target 2 1000
Target 3 1050
HCLTECH: Bullish Harmonic ButteflyPRZ : 895.4 to 915.65
Price also near a very important support. Candlestick Pattern followers watchout for the formation of Morning Star on Monday. Close above 916 on Monday is the confirmation.
HCL TECH STRONG BUYHCL Tech at its support and all set to rock up.
Buy HCL Tech above 907.
Target 1- 957
Target 2- 990
Stoploss- Below 890 Closing Basis
HCL Tech XABCD pattern (Buy around 830) with SL @ 780HCL Tech XABCD formation in progress. Enter long PZR @ 830 to 820 with SL @ 780 closing basis
200 day moving Avg at 850 level gives added comfort at these levels
HCL TECH CRUCIAL LEVELHcl tech trade on some crucial levels. according to day by day chart, it is making a double top and at this level make and break if the neckline break we will see lower levels in hcl tech when it is not broken so we see 10% - 15% upside .
HCLTECH-Fibonacci Retracement AnalysisA perfect example of how Fibonacci retracement works. If it holds the levels we can see an upside movement and if it breaks we have the downside movement too. Can keep track of the same.
HCL Tech going for Bear run1. encountered fewer profits due to IT slab change
2. lower lows and lower highs are found with volatile ATR value.
3. Moving Averages and downtrend signals extreme bear run
Long Call for HCL techRSI OS
PCR 0.6%
Strong Support '' Tested Twice" could not break.
Profit ratio will be 1:6
HCLTECH moving between rangeHCLTECH moving between range with downside.
Day Range should be between 900 to 915.
Lets wait for breakout atleast 1% from trendline.
