HCLTECH trade ideas
HCL TECH BUY HCL TECH above 958 for Target1=1019 Target2=1038 SL940 ( Trade according to your own risk I am not responsible for any losses) view max 1.5 month
HCL Tech has formed Double bottom patternHCL Tech has made double bottom pattern also has broken the trend line. Safe Trade go long above 982 for the target 1030.
Note: please check all other IT company has made the same pattern line Infosyes, Tech mahindra.
HCLTECH - Trendline BreakoutStock has given BO and closed above TL after forming Double bottom. Safe above 963 for targets of 973, 985 in coming sessions
HCLTECHdescending triangle pattern breakout can be seen on chart, can be a good positional pick at around 955-960 lvl or if you trade on breakout
method can enter above 980 lvl for the given target. 930 lvl should be a stop loss (on closing basis). the possible path is shown on chart.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICALS BEWARE OF NEWS.
#Hcltech cash : Looks good above 960.10#HCLTECH CASH - Dont miss
02.03.2021
Looks good above 960.10
stoploss 945
Target 978-980
(Risk free above 980 for 1040/1100)
Cmp 953.75
HCL TECHNOLOGIES - IMPORTANT LEVELS FOR MARCH 2021
Go Long above 960
Go Short if the price pierces down through the grey zone.
Go Short if the downtrend line does not hold.
Use appropriate risk-reward ratio.
Always use a stop loss.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
HCLTECH | Breakout | BUY for 12% profit | RR=3 | Short TermNSE:HCLTECH has shown a breakout. Buy position can be taken for 12% potential profit in a short term. The RR ratio is 3.
HCL SupportHCL seems to have found strong support around 904. Previous resistance is converted into support.
Question on HCLCurrently retesting the previous swing high.
Keep an eye
Resistance from CMP 967/1044
#hcltech - the more fall is yet to comeScrip name -HCLTECH
Possibly, the scrip seems weak below 927.5 if holds for mentioned three targets.
The trade becomes invalid if price goes above 935. As sustaining above 935 can push further up towards 950/970.
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Thanking you
HCL tech a value buy pick?what is your view let me know in Comments
01. On A Demand Zone.
02. Good Fundamentalls.
03. you can wait for breakout or one Green candle on Demand zone.
04. For educational Purpose only.
