HCL TECHNOLOGIES NSE:​HCLTECH

#HCLTECH CASH 16 JAN 2019 LOOKS WEAK BELOW 928 STOPLOSS 936 TGT 921-922/916 (ALL LONG ONLY ABOVE 950) CMP 938.25

1. + VE DIVERGENVE WEEKLY 2. WEEKLYLY DOJI REVERSAL CANDLE 3. FR 76.4% IS DONE FROM 1126 TO 937 4. LONG TERM TRENDLINE SUPPORT ON WEEKLY 5. TARGETS WILL BE ACCOUNTING TO FE ON THE CHART

stock might witness a bounce above 963 for buying for target towards 968/977/987/997 with sl placed at 951

entry 951 target 960,969,978 sl 927

HCLTECH (HCL Technologies Ltd) BUY ABOVE 957

HCLTECH_VIEW

The overall market is in uptrend and the market is in correction mode as per 1hr, also we can see sellers are losing control as per the momentum signal, Now we need to wait for buying signal with momentum to take a buy trade.

Long above 951.55 with SL 933 T1 955.8 T2 959.4 T3 963.9 T4 973 T5 981

sell below 935.9 buy above 950.55

The stock has formed a lower triangle on the daily time frame. if the lower support is broken then a possible downtrend is expected.

It will long trend

It will Long trend

Hcl

Hcl

Tested support now we can see some short if break out,else it will be long

Tested support,if break out we can see short else reversal will be up trend

Tested Support on down,if breakout from down trend line will see short else long

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