HCLTECH going Big || Time for IT to performHCL TECH has formed cup and handle pattern and it is ready for breakout. Look for volume at the time of breakout that will give confirmation. RRR is very much favourable and looking at market the sentiment is bullish and IT has been underperforming since long hence great chance of IT participation in NIFTY bullish trend.
Entry: 1160 daily closing
Target -: 1380
SL -: 1100
Max RRR -: 1:4
Min RRR -: 1:2
Keep trailing SL after 1:2