Hcl technologies swing tradeBuy Hcl Tech @ 1130 sl daily closing basis 1115 tar 1170 and 1200. cash trade
HCLTECH trade ideas
HCl look bearish for short termHCl tech
U can short HCl
At 1127 sl 1134
Or if come
1144 sl 1154
Small stop loss
Hcl might reverseAfter nice upside hcl stock might reverse till 1050 or low with sl of 1150
Findings:
1. facing resistance at 0.786 retracement level.
2. Taken 93 days to make the low and 139 days to touch the same price side is very slow...
This is my view only Please make your own analysis and trade safe..
Hcl might reverseAfter nice upside hcl stock might reverse till 1050 or low with sl of 1150
Findings:
1. facing resistance at 0.786 retracement level.
2. Taken 93 days to make the low and 139 days to touch the same price side is very slow...
This is my view please make your own analysis and trade safe..
HCLTECH - ShortExpecting a deeper crash in the stocks and in the whole sector. The market has peaked and there is a potential for profit booking to kick in. The inflation worries have also not faded out. If there are no signs of pivot from the FED as expected, in the coming week then all the gains will reverse.
Buying Opportunity in HCL TECH.* Price broke the down trend line and came back for retest.
* This is a early buying suggestion as price didn't created a higher high (which would have acted as a confirmation).
So the Idea here is
BUY :948-950 LEVELS
SL :865 LEVELS
Target will be in execution.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*The long position in the chart is for representation purpose still I'd advise you to exit all positions at 1115 -1117 levels.
HCL TECH - LONG TARGET 1160 +
Minimum short term target 1160. This may also act as resistance. Volumes can be seen at 1160, trail with strict SL 1160.
HCLTECH view• Following trendline support perfectly. By chance price breaks trendline can took support at 1069.10 to 1062.40 Support zone .
• can show immediate PRZ zone at 1164 to resistance zone at 1191.90. these both target can be shown fast .
• After that can show reversal from PRZ . again expected towards 1256.25 next PRZ of Reversal of whole downtrend from January 2022 which is at 0.786 Fib level.
• Upside Resistances can become our targets.
Resistances :- 1164 , 1191.90 , 1256.25
Supports :- 1069.10 to 1062.40 Support zone .
HCL Tech - CMP 957.45 buy for target 1000- 1050 - 1100- 1140- 1HCL Tech - CMP 957.45
buy for target 1000- 1050 - 1100- 1140- 1200-1300+
Time duration - 3-5 months
Can buy 960CE
HCL Tech: Good sign after consolidationLogic : W pattern neckline. Consolidation after a steep uptrend, with a bullish engulfing daily candle.
Trade : Buy above 1112, SL: 1090. T: 1125/1140
HCLTECH is ready for a blast soonHCLTECH is ready for a blast soon. For intraday, If it crosses 1112-1115 and sustain above it will give u a ample amount of profit if u take options.
I am tracking it since last month as I am a momentum trader. I used to track stocks for creating an momentum playing opportunity.
If u wish to learn my techniques just follow me and msg me.
HCL TECH : COMING OUT OF DOWNWARD CHANNELHcl Tech stock has been in a downward channel and currently the price has already come out of
first lower high of the channel & second lower high is the target.
Check the video and manage your risk.
Cheers,
priceNpedia
CONQUERED AGAIN 20 EMAHCL tech is looking good by breaking a falling trendline and managed to give a close above on 20 moving average with good buying volumes so we can see a good upward move from here in this counter.
Cause of long-:
1- falling trendline breakout
2- 20 Ema breakout
3- Volume breakout
HCL TECHNOLOGIESHCL:- HCL tech breakout. with good momentum. keep on eye
good for short term.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HCLTECH is also ready for its breakoutNSE:HCLTECH is also stuck at it’s current levels of 1090-1100. If it crosses 1100 decisively then 1150-1160 easily.
HCL TECHNOLOGIES HCL TECHNOLOGIES has beautifully taken a support at 0.5 Retracement level and its 200 Weekly Exponential Moving Average.
If we try to see the importance of 200 Weekly Exponential Moving Average for HCL TECH, then you can observe it has been rarely been broken by HCL TECH(Year 2008 & 2020 shown in the chart). Rest of the time when market is not in a panic mode HCL TECH respects the 200 EMA quite precisely(Year 20212 & 2016 shown in the chart).
Currently HCL TECH is taking support at its 200 EMA, 50% Retracement level of its Covid rally and a RSI Divergence has been formed at this official level. For short term a target of 1070 seems good from the Current level.
CHART & ANALYSIS
ADARSH DEY
HCL Tech seems formed double bottom in Weekly chartHCL Tech broke Weekly trendline and came for retest, seems to be formed double bottom, expecting it to be more bullish above 975levels.
Education purpose only.
HCL TECH Analysis Hcl tech formed bullish Engulfing in daily chart.
SL 1066.35
Second candle low 1043.00
1:1 Target is 999.85
HCLTECH- Short Term :Bears Counter attackHCLTECH- Short Term :Bears Counter attack , down trend as long as it sustains below 1067 on closing basis. Potential targets - 1000
HCL TECH LearningHcl tech price is increasing but volume is dry.
1052.5 is SL
There are negative divergences. It may fall as per chart pattern and MACD indicator.
Hcltech bullish signHCL tech looks positive for a bullish movement,good resistance break and minor pullback.This current level looks good for buy,short-term and long-term.
HCLTECH LEVELS FOR MONDAY - 24-10-2022Important HCLTECH Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
