support at all time high zone, Looks good for next 1-3 yearsBreakout and RETRACEMENT at all time high zone
From 2021-2024
Sales from 75 to 109
Profit from 11.1 to 15.7
HCLTECH trade ideas
HCL 1:6 RR trade set up1. Set up: Reversal with FIB levels
2. Trend Bullish
3. RR: 1:6 RR
4. SL follow on closing basis
Hcltech buy at 1550 Target 1620, 1670On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HCL Tech at Do or Die LevelThere is a one more stock Which is showing a great opportunity, stock is near Support it's do or die. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Pasted a image from my private idea because daily idea post limit is reached.
HCLTECH - 1 Year targetsThis post is for educational purpose only, please take any trade at your own risk.
C&H pattern targets already achieved, now flag pattern on monthly need to be achieved, for now 1680 seems near term target, 1880 medium term target and 2080 long term target (6 months to 1 Yr most likely)
This IT stock has more upsideFib- this counter is in a strong bull trend. Right now it is stuck at first resistance at 1628. Its a fresh buy above 1628 with T1 1690 and T2 1800. Both are fib confluence zones and the stock will face resistance at these zones.
MA- on the 7min chart all the three MA's are together and hence an indication that the counter is ready for a sharp move.
HCLTECH Trade plan for coming weeks1. ATH Breakout - Confirmed
2. Potential Target 1921+
3. Trend Bullish
4. Market Trend - Bullish
HCLTECH can fall till 1455 and 1350On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HCLTech, Strong Breakout n Fundamentally StrongEducation Purpose only..
Strong Breakout with strong Candle..
Fundamentally Strong..
HCLTech (Weekly Breakout Stock)HCLTech can give a breakout above the 1377 level. The stock needs to close above the 1377 level. The chart looks good on weekly and monthly time frames. It has a possible upside of 1483 and 1650. One can place a stop loss of 1357 on a weekly closing basis. The level of 1377 can act as a support zone. Also, a round bottom pattern can be seen on a weekly time frame.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation
HCLTECH BO [Weekly]IT Index all the way, all stocks are showing strength, some have broken out of huge bases in weekly timeframe, some are about to.
HCLTECH a big player, showing these kinds of volumes and price movement is just wow...
Looks like something big is brewing in IT ahead..
HCLTECH WEEKLY CHART 12/01/2024 RESULTS DAYHCLTECH has taken support at 50% level at 876.50. Gann 50% rule at work. Gann said you need to follow only one rule of 50% to make money in the markets.
We are at 12.5% extension of the swing which is 1503.05.
We need to stay above this level for furthet growth.
Happy Trading !!!
HCLTECH DOUBLE BOTTOM BREAKOUTHcltech breaking double bottom
with huge volume
trading around ATH
EDUCATIONAL IDEA
HCL TECH looks bullish on breakout* ABCD pattern active
* mid term to lone term target goal 1878
* best entry after a healthy pullback
* entry from current level has big stoploss on monthly timeframe
LONG | HCL TECHThis is a weekly time frame analysis of Hcl tech.
The stock looks good for the short term.
accumulation can be done till 1150.
HCL Technologies Ltd | A IT Sector Momentum StockHCL Technologies Ltd | A IT Sector Momentum Stock
HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues
Financial :Strong
Market Cap n= 3,96,928 Cr. ROCE = 28.3 % ROE = 23.0 %
Debt to equity = 0.08 Promoter holding = 60.8 % Quick ratio = 2.56
Current ratio = 2.56 Piotroski score = 8.00 Profit Var 3Yrs = 10.2 %
Sales growth 3Years = 12.8 % Return on assets = 16.1 %
HCL Tech is strong fundamental stock with right now in monthly basis have strong momentum.
also all IT sector is in bullish trend .This is ready to going in uncharted territory space.
so we have to closely watch this stock for future.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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Thanks and comment freely
Another Rally on cards missed Asian Paints here is another one. The stock halted at 50% at 1298. This correction was an indication of strength. It broke out above 1329. The consolidation above the breakout zone is offering an opportunity to buy. Look at the volume on the green candle. Its very positive. Hence its a buy at CMP of 1338 we are looking at 1370
Breakout--Breakout and retest completed
-- flag and pole pattern
--T-1500
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser
Ascending Triangle Pattern in HCL Tech on Weekly ChartAscending Triangle Pattern Breakout and retest done on weekly chart of HCL Technologies.
Buy at 1256
SL below 1185
Target 1 : 1385
Target 2 : 1500
A Good Up-Swing Expected in HCLTECHA good short term opportunity has presented itself in HCL Technologies. Stock has shown a good bounce off the 50 DMA with strong volumes. The move is coming on the back of satisfactory results. Nifty IT index is also in a good trending structure. A powerful Bullish Engulfing has formed right at the moving average which gives more confidence to go long.
SL: This is a small risk trade with Stop Loss being right below the Engulfing candle, somewhere around 1199.
Entry: Entries can be made right away at the open of next candle or you can also wait for some retracement for better risk reward ratio.
Target: Target can be ATH of around 1350+
HCL Tech BreakoutNSE:HCLTECH has given a strong breakout on weekly charts. This is another IT company that is looking strong. One can invest here with a stop loss at 1250. Go long.
HCL TECH Will achieve targets soonHCL Tech is given breakout so it will move fast n soon targets will achieve
