Buy Partial HCLTechBuy Partial 50% Qty at 906.
If it dips to 895-897 buy the other 50% quantity.
Stop Loss 875
Target 975
1 Month
HCLTECH trade ideas
HCL Tech at Crucial Support levels!!HCL Tech, 4H chart.
HCL tech comparatively poor results were somehow known to the market beforehand, and a day before the results it had Broken down the upward channel and Head and shoulders neckline (Confluence). After breaking down, It is at a crucial support level right now where buyers have been seen active around 900 level. If someone has been/looking for investing in this script, then they can inject one shot at the current levels.
#Intraday stock, to buy with the respective retest#Intraday stock, to buy with the respective retest
HCL Technologies - Wednesday Trade | 28th AprStock looks weak and is trading near its support TL.
If breaks TL and closes below it in 5/15 min TF then can target 905 in Intraday.
HCLTech Looks WeakThe stock already closing below the trend link and expected to test 900 and 860 levels if sustain below 950.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HCLTECH Ltd Hcl tech can reach 904 or 900 level
(900-904 is support level)
resistance can become support at 900
Only for study purpose.
@KD3051
HCL TECH - BUY - Rs.1000 -7 Day Time frameBased on the volume profile showing heavy support at CMP, the oversold RSI reading and overall base trend line, the stock can rebound to ~Rs.1000 within the next 7 days. Note - earnings are post market on friday 23rd April.
Link to longer time frame trade Idea on HCL:
HCL Tech : Results priced in | Short Covering now.Liking Hcl tech here because its in oversold zone on lover timeframe and also bullish divs on 15 min chart.
It stocks are in selloff phase so its a risky trade. Longing for a bounce.
I am expecting short covering on this stock in next couple of days as lot of call writing has happened.
Stop is 900.
Intraday opportunity∆ If opens gap up short around 983.50 with sl 989 for tgt of 971-66-59-53.
∆ If opens flat and trades below 953 for 15 mins, short below 953 for tgts of 947-43-37-34, sl above 962.
Just a view better seek professional advice.
HCL tech's Successful Retest of Head and Shoulders Breakdown!!!In this 1H chart of HCL technologies, A head and shoulders pattern Breakdown is visible. Yesterday, at the end of the week it has Successfully Retested the levels and Ready for the downward journey it seems.
HCL TECHNOLOGIESHCL TECHNOLOGIES
fundamentally strong and P/E is showing it's cheap to BUY now for LONG term investors.
1067.80 has a Strong RESISTANCE LEVEL if breaks this level BUY, and 1067.80 will become STOP LOSS.
If failure to break becomes reversal 1067.80 will become STOP LOSS and go for SHORT.
Note: These Targets for only Long term investors and Positional trader. not for short-term traders.
Bear Flag in HCL Tech! Be cautious!HCL tech has fallen down a lot lately and now has made a Bear Flag pattern! Break down likely today on 23rd April. If good volumes seen, enter the trade!
HCL TECH - Long - Target 1110HCL Tech seems to have broken out of a downward trend, caused by fear selling in the markets this week. The stock has been following an upward trending parallel channel over the last few days and has also rebounded off the 50 DMA. It is set to achieve a target of 1110 by earnings release ~ 15th of May.
Target:1110
Entry: 991/CMP
Stop Loss: 960
Time: ~ 39 Days
Note: Book profits at ~1050/55 as the stock may face heavy resistance at this level, as seen previously.
