HCL Tech Swing Trade Short term tradeW pattern form on HCL Tech.
Shor term Tarde
For Target1 : 1215
TG2 : 1249
With Strict S/L : 1150
Just Learning Purpose.
HCLTECH trade ideas
HCLTECH SWING TRADEsimple ORB strategy....i will buy near EOD if the price trade above the blue line..after enter (sl) red line below close candle in D' chart i will come out .....target minimum 12% and above
its just my view educaltional purpose only
HCL TECHNOLOGY ◇ Keep a lookout For Breakout.
~Multiple Time Frame Analysis~
○ On 1W Time Frame.
• Ascending Symmetrical Triangle Breakout can be seen, Which indicates the stock is in uptrend.
(Orange dotted line on the chart represents Resistance and support line From weekly Time Frame.)
○On 1D Time Frame.
• The stock is making Higher low And Higher High, Which indicates again that the stock is in uptrend.
■TO INITIATE A TRADE,
● Wait for the Breakout on daily Time Frame, only initiate the trade if the stock gives closing above the resistance line on a daily basis.
● SL can be maintained below the Breakout candle or at previous swing low.
● The green dotted line on the chart represents Eventual Targets.
● Atleast Maintain a risk reward ratio of 1:1
*This is not a call, For education purpose only.
HCL TECH DAILY & WEEKLY CHART BREAKOUTHCL TECH DAILY & WEEKLY CHART BREAKOUT
:: DATA POINT ::
Brealout Level: @1150.00 (If Daily & Weekly Closing above @1150.00)
Target Lavel: @1200.00
Stoploss Level: @1109.00
*** Stock moving above EMA 200 & EMA 100
Got strong Support from EMA 200
Possibility of Bullish run on Short Term Perspective.
Hcl analysis According to the pattern, we can see golden crossover patterns here . It tends to move upwards .. let’s wait and watch for the tomorrow’s trend
HCLTECHAs per me HCLTECH is bullish, a triangle formed, and the stop loss will be the 1099 to 1091 area, the target is 1200+ and above. bullish in case it will retrace ment then exit at stop loss then go low, maybe high chances are bullish guys.
as per my trend and my analysis only just checks your view also for a better understanding.
thank you guys.
HCL TechHCL Tech
Trading in a range for few days now.
Breakout or Breakdown may give trending moves.
HCL tech inside bar candle hcl tech
Inside bar candle Range
Above 1143 closing day candle then buy
below 1112 closing day candle sell
wait for candle closing
be aware from fake move its called trap aslo ...it will make shadow/ tell
HCLTECH makes a significant breakout.Over the last 10 months HCL TECHNOLOGY has shown a remarkable upward trend, consolidating into decent triangular pattern. Last week it breached its trend line and indicating a good potential move. If the market remains Bullish, there is strong possibility this will outperform.
If market favors, this stock is more likely to show a decent move as it is still down by 12% from its all time high level.
HCLTECH can show good bounce till 1150NSE:HCLTECH can show a good bounce till 1150 from this level. We’ve seen happening this almost 3 times.
MONDAY PREDICTIONPlease follow marked line for monday future PUT, you may ask once to hold or exit when target reached
HCL TECH - 1D TF Fibonacci retracementHCL Tech has perfectly moved up after taking retracement at 61.8% Fibonacci levels along with good volume.
Target 1- 1247
Target 2 - 1310
DO YOUR OWN ANALYSIS.
HCLTECH is ready for 1200 levelsNSE:HCLTECH is ready for 1200 levels as it has given a good breakout and sustained it.
HCL TECH 17/07/23Levels according to me
For Education and training purposes
Any views about this are welcome
HCL TECH forms an indecisive candle at @9:15 after that we found a strong bullish candle so we entered a trade keeping a small stop loss and a big target.
HCL - A trading ideaSetting up nicely intime for earnings week...target of 1300 in sight but has to leapfrofg 2 obstacles, an unfilled gap between 1270-1290 (which it may or may not fill up) and a possible resistance at 1215 ...
was trading in a range and has since come out of the range so target is considered as the range width...price entering back nto the range is stoploss for the trade
HCLTECH - Resistance breakout - 10% upside potentialHCLTECH has given good breakout from 1155 resistance zone with good volumes.
Target: 1280+
SL: Daily candle close below 1155.
HCL Tech breakout Rectangle, H&SA rectangle Pattern breakout is there on daily chart (shaded rectangle marked on chart)
A head and shoulder breakout is there on 4 hrly chart (marked on chart)
1155.7 is an important resistance line , and has been broken (yellow horizontal line)
On breakout, the vol is higher than average, and ATR is also higher than average
Trade : Tgt 1246 = ,SL =1095
Immediate supports can be taken as SL (marked as red horizontal lines)
Immediate resistances can be taken as Tgts (marked as green horizontal lines)
Depending on preferred risk, preferred time frame, and coming volatility, Tgt and Sl can be set
Keep RR Ratio 1:1
HCL Breakout & Retest PatternOn the daily chart of HCL Technologies, we can observe a strong breakout above a resistance zone that was tested multiple times. Following the breakout, the price has pulled back to the flip zone, presenting a potential swing trading opportunity.
For an entry, it is advisable to wait for the close of a strong bullish candle near the flip zone before going long. This will help to confirm the bullish momentum and reduce the risk of a false breakout.
Regarding the stop loss, it is recommended to place it below the flip zone to limit potential losses if the price does not follow through with the expected bullish movement.
Regarding the target, it would be prudent to aim for the next resistance zone, as marked on the chart. This area represents a potential area of profit-taking and could stall the upward momentum of the price.
Thank you for reading. Please consider liking and following me for more trading insights.
BREAKOUT, HCL TECH, 35% RETURNS!!!BUY - HCL TECHNOLOGIES
CMP - Rs. 1180
Target - 1: Rs. 1421
Target - 2: Rs. 1592
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Timeframe - 4-6 months
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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HCL heading towards next swing highHCL heading towards next swing high of 1214, 1150 earlier resistance has become support zone.
