HCLTECH shortHCL Technologies (HCLTECH) is exhibiting signs of a potential bearish trend reversal. A clear bearish divergence has formed between price and the Relative Strength Index (RSI), indicating weakening bullish momentum.
Key Observations:
1. Bearish Divergence:
Price has made higher highs, but the R
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62.15 INR
157.02 B INR
1.10 T INR
1.06 B
About HCL TECHNOLOGIES LTD
Sector
Industry
CEO
Chinnaswamy Vijayakumar
Website
Headquarters
Noida
Founded
1991
ISIN
INE860A01027
FIGI
BBG000C68WP6
HCL Technologies Ltd. Is a tech company, which engages in computer programming, consultancy, and related activities. It operates through the following segments: Information Technology and Business Services (ITBS); Engineering and Research and Development Services (ERS); and Products and Platforms segments. The Information Technolgy and Business Services segments offers technology architecture for businesses. The Engineering and Research and Development Services segment develops digital solutions for different engineering sectors. The Products and Platforms segments offer the HCLSoftware for domain-specific niche sectors. The company was founded by Shiv Nadar on November 12, 1991 and is headquartered in Noida, India.
VIEW ON HCL TECHGood chart structure
Stock consolidating near 1900 levels
Target 1930/2000
Stop loss 1760
I am just representing my views
For educational purpose only.
HCLTECH - Eying for 1500-1550 levels?HCLTECH CMP 1757
In All likelihood, the script could potentially hit 1550-1500 levels in the coming days
Observations:
1. Stock has achieved rounding bottom breakout target (900-1380-1890) and profit booking is taking place now
2. Price has been reversing from 100% fib extension from the covid l
HCLTECH 1D TF ShortPossible breakout of support line... if it breaks targets will be upto blue line... observe the price action
HCLTECH Elliot Wave AnalysisHCLTECH seems to be in the wave 5 of impulsive phase of Elliot wave. Wave (i) of wave 5 itself is ~240 points so the wave (iii) itself need to cross current LTH of 1698 so the full length of wave 5 can go up to 1880 that is 200% retracement of previous LTH of HLTECH - 1377.
This will be confirmed/s
HCLTECH Breakout with a good upside potentialHey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Formation of Ascending Triangle Pattern in Daily TF.
* From Sep 2024 to Oct 2024 Tested & Moving Near Resistance Many times.
* It's Break resistance Zone and trying to Sustain above Resistance Zone
STOCK ON RADAR - HCLTECH #HCLTECH
Day Trendlyne Momentum Score
66.3
Score is 66.29, stock is technically moderately strong. Stocks with score between 60 and 70 are considered as technically Moderately Strong.
Day RSI(14)
RSI is 67.8, RSI below 30 is considered oversold and above 70 overbought.
HCL Technologies Ltd. ha
HCLTECH - STOCK ON RADAR#HCLTECH
Day Trendlyne Momentum Score
66.3
Score is 66.29, stock is technically moderately strong. Stocks with score between 60 and 70 are considered as technically Moderately Strong.
Day RSI(14)
RSI is 67.8, RSI below 30 is considered oversold and above 70 overbought.
HCL Technologies Ltd. ha
HCLTECH: Swing: 1D 14-Oct'24HCLTECH: Swing: 1D 14-Oct'24
Stock has been in an uptrend since around 27-Jun'24
Starting 02-Sep'24 the uptrend has paused and the stock has been trading in a range. Marked on charts. ADX ~ 17 also confirms range bound trade
The stock broke the trend on 11-Oct'24 with volumes greater than
Strong breakout in HCL TechAs per harmonic pattern, AB=CD gives upside confirmation by breaking B point.
As per price action pattern, there is a pennant breakout.
Here we have DOUBLE confirmation, so we can try long position with immediate target of 1900.
This is for educational purposes only.
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Frequently Asked Questions
The current price of HCLTECH is 1,898.40 INR — it has increased by 3.38% in the past 24 hours. Watch HCL TECHNOLOGIES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange HCL TECHNOLOGIES LTD stocks are traded under the ticker HCLTECH.
HCLTECH stock has risen by 1.41% compared to the previous week, the month change is a 5.85% rise, over the last year HCL TECHNOLOGIES LTD has showed a 42.31% increase.
We've gathered analysts' opinions on HCL TECHNOLOGIES LTD future price: according to them, HCLTECH price has a max estimate of 2,300.00 INR and a min estimate of 1,480.00 INR. Watch HCLTECH chart and read a more detailed HCL TECHNOLOGIES LTD stock forecast: see what analysts think of HCL TECHNOLOGIES LTD and suggest that you do with its stocks.
HCLTECH reached its all-time high on Nov 14, 2024 with the price of 1,897.00 INR, and its all-time low was 12.90 INR and was reached on Sep 27, 2001. View more price dynamics on HCLTECH chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
HCLTECH stock is 3.57% volatile and has beta coefficient of 0.87. Track HCL TECHNOLOGIES LTD stock price on the chart and check out the list of the most volatile stocks — is HCL TECHNOLOGIES LTD there?
Today HCL TECHNOLOGIES LTD has the market capitalization of 4.98 T, it has increased by 0.17% over the last week.
Yes, you can track HCL TECHNOLOGIES LTD financials in yearly and quarterly reports right on TradingView.
HCL TECHNOLOGIES LTD is going to release the next earnings report on Jan 10, 2025. Keep track of upcoming events with our Earnings Calendar.
HCLTECH earnings for the last quarter are 15.61 INR per share, whereas the estimation was 14.89 INR resulting in a 4.83% surprise. The estimated earnings for the next quarter are 16.76 INR per share. See more details about HCL TECHNOLOGIES LTD earnings.
HCL TECHNOLOGIES LTD revenue for the last quarter amounts to 288.62 B INR, despite the estimated figure of 285.68 B INR. In the next quarter, revenue is expected to reach 299.62 B INR.
HCLTECH net income for the last quarter is 42.35 B INR, while the quarter before that showed 42.57 B INR of net income which accounts for −0.52% change. Track more HCL TECHNOLOGIES LTD financial stats to get the full picture.
HCL TECHNOLOGIES LTD dividend yield was 3.37% in 2023, and payout ratio reached 89.67%. The year before the numbers were 4.42% and 87.51% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 22, 2024, the company has 237.25 K employees. See our rating of the largest employees — is HCL TECHNOLOGIES LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. HCL TECHNOLOGIES LTD EBITDA is 250.66 B INR, and current EBITDA margin is 22.26%. See more stats in HCL TECHNOLOGIES LTD financial statements.
Like other stocks, HCLTECH shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade HCL TECHNOLOGIES LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So HCL TECHNOLOGIES LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating HCL TECHNOLOGIES LTD stock shows the buy signal. See more of HCL TECHNOLOGIES LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.