HCLTECH trade ideas
HCL TECH : LONGStuck in 960-973 range, might show an upward move if it crosses 973 with good volume.
Keep an eye -_-.
Note : Only for educational purposes not a trading advice
HCL Tech LongHCL Tech Long
Hammer Candle at support. if stock close above 934 then we can expect levels 995, 1053
negative below- 900
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
HCLTECH - Trendline ObservationsTrendline Observation(s). A simple trendline breakout on 30M Chart of HCLTECH. BUY above 964 -> 972-973, 979-80. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
[Positional] HCL Tech Retest BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
Hcl Tech on trend line, go long for target of 1000.HCL Tech is corrected from its all time highs and now touching the trend line in daily timeframe.
Go long for a short term target of 1000.
HCL Tech NSE trading @ 928.35
An amazing script for Investors.
HCL Tech has been in an uptrend since March 20 and doesn't look weak in anyway.
An expected correction has been happening since 13th Jan 21 but the candles have been taking support along the trend line since 31st Jan 21.
We can consider this correction as a 'Continuation Bullish Flag' and expect a very strong bounce back soon.
First resistance can be seen at 1020 levels after which HCL Tech might go on to touch new highs above 1070 levels.
RSI looks a little weak but one strong bounce with good momentum will change the trend on RSI as well.
#Hcltech cash : Looks good around 920-923#Hcltech cash
01.02.2021
looks good around 920-923
Stoploss 905
Target 945/960
Cmp 928.35
HCL tech is looking good for a break outBuy above 860 with high volume for a target of 900.
Between 820-800 is good area of value for accumulating the share for a break out.
Sell below 800.
Major IT company- a short candidatethis is first such company i found to be a good short candidate while tcs is making higer highs and higher lows on daily and weekly chart! this is for educational purpose and not a recommendation
HCL TECH analysis for 01.02.2021watch IT sector guys
hcl tech in a major support zone.
horizontal & trend line both supports are good.
if it fall it may be the better opportunity.chance give a shorting opportunity.
so intra players keep an eye on it.especially hcl tech.okay.
hope u understand my points.
hey note dont look for patterns....go with opportunities😊😍
Buy If sustain this level on monday ,1000 will be touched in next 4,5 days
For intraday buy above 914 t1 934,t2 950
Strict Sl to b mantained
Positional :-Flag breakout done on daily chartbuy above 876 , Target 910, 970, 1000, 1050
stoploss 800
HEAD AND SHOULDERS PATTERN IN HCL TECHPrevious trend is uptrend , retesting the neck line pending
entry : 950
target : 830
stop loss : 980
risk reward : 1:4
for educational purpose only
