Trend based Fibonacci Extension in Hcl.Hcl has formed double at around 1365 and it has started it's downward Journey. With Fibonacci Extension Trendbased in down movement the price may reach fall upto 1.618 Fibonacci number.
HCLTECH trade ideas
HCLTECK 7- 6 -2022I am just testing my skill don't copy check first and comment on what wrong I am doing
HCL TECH - 3rd June2022Stock at Support Area of 990-900.
Value Buying Zone for Medium Term Investors
HCL TECHNOLOGIES TRADE SET UP Hello Friends,
Here is HCL TECHNOLOGIES Trade set up as per HARMONIC GARTLEY PATTERN, Buy above 999 with stop loss of 872 for the TGT 1121 and TGT 1219.
Happy Trading.
Go long on HCLTECH at 894Stcok is forming an Alteranate AB=CD pattern.......get ready to go long when it reaches the D point at around 894...
NSE HCLTECH At Crucial LevelBreaking Below Black line (WEEKLY) Opens support S1.
Further breakdown opens support S2.
Wait for Consolidation then invest when price retests red line.
hcl techHCL Tech view for sell trend continuation. HCL tech double top and also clearly done breakdown.
Multiple Bearish Patterns in HCLTECHThere are multiple bearish patterns in HCLTECH chart:
1. It made a double top pattern but zone 1 acted strong and it gave a bounce and made a lower swing high.
2. It has given a breakdown of it's 18 month old lower strong support trendline and kept consolidating in zone 1 after the breakdown.
3. Yesterday it got rejected from the trendline and 20 EMA and today it has finally broken down from zone 1 as well
Sell below 1000 level for Target 1: 970, Target 2: 940 and Target 3: 910
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr. Tanya Kumar
Bear flag breakdown and retestCan expect a downtrend, price done pullback to 50% fibo level and moving down
For educational purpose only
HCLTECH#Hcltech forming a bullish Wolfe Wave in weekly time frame CMP 1082 EPA 1290 view negated below 1023 closing basis.
breakout in hcl tech1hr t.f
add in watchlist
can give a daily breakout as well .
im not sebi registered person
landed at supportshort term
entry:1150
target:1350
one can also start accumulating now
use 50 ema to ride the trend
HCL Tech My observations are mentioned on the chart.
happy to hear views on comments.
This is for educational purpose only.
HCLTECH Bullish Engulfing , Flag BONSE:HCLTECH
#HCLTECH fundementally strong pick, shows good volumes delivered results in this bearishmarket,
All the details explained in chart.
Marked the levels for practice.
Today we have bagged 7k profit on this pick and results shared.
Happy LEarning !!
PRETTY AWESOME TO ACCUMULATEthe stock is bouncing from the trendline marked from WHERE STOCK HAS GIVEN BREAKOUT PREVIOUSLY AND NOW IT'S AWESOME TO ACCUMULATE IN THE PORTFOLIO FOR LONG.
HCLTECH trend line breakoutHCLTECH long consolation in chart. in 1 HR TF,15 min TF, the retest also done. check for 1100ce above 19.
Stop loss is mandatory.
Stock is Ready For RunningStock is taking support on strong demand zone.
We are expecting Good Buying on this level.
HCLTECH - Double top HCLTECH has formed a double top. It broke down from the neck line again today. Price actions seems to be confirmed sharp fall
#nifty #niftybank #usdinr #hcltech
HCL Tech - IT on life supportAnother IT company at support. EIther it bounces right from here or if Nasdaq continues to melt down.
If it melts down then it makes for a good short below 1065 (Would be a breakdown). Stoploss 3% higher.
HCL Technologies: The Next Stock to Watch!Keep a close eye on HCL tech it may take a support from its trendline or if market remains week we may see a breakdown
