HCLTECH trade ideas
Flag Pattern in HCL TechFlag pattern in HCL Tech scrip. Long set-up as breakout has happened. Two targets, 1st is the width of the flag and 2nd is the length of the pole.
SL is ideally the low of the flag but one can keep a trail of recent swing low as well for tighter stop.
HCL TECH Nice short term buying setupRunning flat is forming in this particular stock c wave might extend down a little so wait for breakout to enter, it might go and break the mentioned level, then will see how price behaves, so when it breaks that level take profit or move stops at that particular level.
VIEW ON HCL TECHGood chart structure
Buy the stock once it crosses 1156 levels
Target 1170/1195
Stop loss 1125
I am just representing my views
For educational purpose only.
HCl Tech Looking good above 1152Hcl Tech Breakout 1152,
Buy above 1155 two closing need in 1day
chart for more confirmation
Sl 1120 Closing Basis
Target 1340
HCL TECHHCLTECH - Short Term Trade
A good Tringle Pattern Breakout Possibility..
Buy Above - 1156
SL = 1100
Target = 1206 / 1300
HCL TECH looking bullishGood volume and results coming up!
Lets buy here for atleast 5% returns!
Hoping for the best!
HCL Range breakout ? Deep dive analysis Key analysis:
• Stock has been forming Lower High || Lower Low formation until October 2022
• Formed a strong base by testing the same level twice and reversed with good market participation
• Made a tremendous move up until December 2023 and has been in range since then
• Interesting point to note is that the last move from range high to range low has taken a good 73 calendar days (46 trading days), however with CMP almost near to range high the move from range low to CMP has just taken 42 calendar days (29 trading days). This indicates healthy momentum with possible strong buying taking place.
• Healthy market participation is being observed every time the stock touch the range low with heavy lifting being done
• Strong money flow is being observed from March 2023 indicating good buying taking place (even during minor corrections)
• Time cycles are also in sync with the last Trough-Peak-Trough (TPT), approximately 139 calendar days
***A break out from the zone here could possible trigger a good move up ***
HCL Tech Short term trade (Long)Falling Wedge Pattern breakout and retest
Keep SL below Retest zone (demand zone)
1:1 trade
HCL tech weekly cmp 1130Cup and handle on wekly.
Looks strong above 1150
Possible targets 1190-1210-1275-1360
SL 1080
hcl tech daily timeframehcl tech looking for breakout
daily cahrt of hcltech looking good
if sustain above 1133 target 1333 sl 1077
HCLTECH- BUY Signal- Low Volume- Strong Candle thoughAfter analyzing HCLTECH's stock, there are indications that a potential breakout may occur shortly. Several factors suggest that the stock's price could experience a significant movement.
However, it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
HCLTECH -long most of IT stocks looks bullish
HCL TECH
price has broken out of resiatcne line
price above moving avearges (hourly and daily)
MACDs have crossed sugnal line from below
Swing Trade Entry Based on Resistance BreakoutTaken swing trade Based on breakout of resistance line,
Will look forward to take profit at around 6% based on the body of the trading range prior to the breakout.
Followup me trade ideas and updates on the ideas.
HCL this year moveLooks like HCL will take support near 822 for this year based fib level, and support and resistance
HCLTECH | About to take off from the cliffHCLTECH | About to take off from the cliff
CMP : 1100
SL : 1030
Target : 1300
1:3 risk reward setup
HCLTECH - #intraday Chart Analysis || 11th May,2023 #stocksAnalysis Criteria Used:
1. Please find the Chart Analysis done for the Intraday Trade Idea levels for 11th May, 2023
2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups
Focus On:
1. Always keeping your Risk Management in play
2. Using a Stop Loss; because it is your Best Friend
3. Always Plan your Trade and stick to your Plan
4. Dont overthink or overanalyse
5. Treat this as your Business and get serious about it
#sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange
DISCLAIMER:
.
* Please do your own research and/or contact your financial advisor before taking any trading opportunities
** We will not be responsible for your profit or loss
*** We are NOT SEBI REGISTERED
______________________
best stocks to buy today
best stocks to buy now
best stocks to buy
best stocks for Intraday tomorrow
best stocks for long term investment
best stocks to buy today india
best stocks for swing trading
swing trading strategies
swing trading beginners
what is swing trading
swing trading stocks
swing trading stock selection
swing trading kya hai
nifty analysis
nifty view
bank nifty analysis
top stocks to buy now
strong stocks
nifty view
nifty prediction
stock market view tomorrow
bank nifty Levels
bank nifty prediction
share news
stock market news
best stocks to buy now
profit booking stocks
multibagger stocks in discount
breakout stocks
best short term stocks
best short term shares
next multibagger stocks
#Hcltech cash : Looks good around 1070-1075#Hcltech cash -Positional call
10.05.2023
Looks good around 1070-1075
Stoploss 1040
Target 1112/1140++
Cmp 1080
