Trade ideas
[Intraday] HCL tech short tradeon 15 minute timeframe hcl tech made double top pattern on major price level and if it break 762 price level down side then we can see sharp selling till 955. with the 4-6 rupee stoploss we can plan 2:1 trade as given below.
HCL tech
15 minute, selling
sell after 962
target 955
stoploss 4-6
HCLTECH Strong breakout on daily timeframeHCLTECH looks super bullish and can be bought as a swing trade for the upcoming 3-4 months and a target of around 15-20% can be expected given that the overall market remains bullish.
Even when Nifty IT was performing low, HCLTECH held its ground and today it has finally given a breakout from its channel pattern.
The breakout can be confirmed with volumes and the breakout from the last resistance level and further from the breakout of 50 EMA.
The trade can be sufficed as -
Entry above Rs. 980.00
Stoploss - Rs.940.00
Targets - Rs. 1068 / Rs. 1133 / Rs.1214
HCL Tech - Pattern breakout ?HCL pattern breakout
Buy with stoploss 960
Target - 981, 992, 1005
DISCLAIMER :
This idea is for educational purpose, buy/sell as per your risk management.
I always recommend to book 50% of the quantity at target 1 and keep trailling stoploss for remaining targets.
Maintain strict stoploss to minimize loss.
Idea is positional and only carry position on day closing basis.
HLCTECH "Wedge Pattern"HLCTECH "Wedge Pattern"
The above chart of HCLTECH laid out the Descending Broadening Wedge Pattern.
Currently, HCLTECH is in the range of Rs 950 , If the pattern continues, the price of HCLTECH might reach the resistance levels of Rs 1000. If the trend reverses, then the price of HCLTECH may fall to Rs 940
Short Note :
Buy Level : 960
Target : 1000-1030
Stop Loss : 940
Happy Trading $$$
HCL tech multi timeframe analysis for swing trading in hindiHCL tech multi timeframe analysis for swing trading in hindi
in this video i have shown, 15 minutes & daily chart analysis of HCL tech.
and trade setup for next day 08/08/2022.
you will get idea of where to short sell & where to put stop loss.
i have shown practical use of reversal pattern such as triple top, H&S, double top & rising wages pattern.
i have also discussed about trendline, RSI diveregence & wyckoff method in real life example.
basically i have shown, how to use technical analysis in real life.
video is in hindi language.
if you like or found useful, kindly like, subscribe & share.
Disclaimer: only for learning, not trading tip. trade at your own risk.
Hindi description:
Swing trading k liye HCL tech ka multi timeframe analyis.
maine is video me bataya hai k kaise trendline,reversal pattern aur RSI ka istemal real life me kaise kiya jata hai.
is video me aap sikhenge ki double top/ triple top/ H&S ko kaise real chart par mark kiya jata.
is video se aap technical analysis ko sahi tarike se use karna sikhenge.
disclaimer: yah keval learning k liye banaya aur share kiya gaya hai, trade apne risk par kare
HCLTECH | TRENDLINE BREAKOUT | 1:1.8 RRPOINTS TO NOTE:
______________________________
1. Stock is in a minor uptrend forming Higher Highs and Lows
2. Price is near support.
3. It has broken out of a downwards trendline.
A long can be initiated as follows:
Entry above 961.8
SL 952.6
Targets of 978, 986
RR 1:1.77
As always, keep your trades within your risk appetite. And always enter SL first.






















