HCLTECHBuy HCLTECH above 1323
SL - 1308
TARGET - 1352
it is for short trem( 1 Week - 1.5 Week)
IT IS FOR EDUCATIONAL PURPOSE ONLY ,DO OWN RESEARCH BEFORE NSE:HCLTECH ORE BUYING
HCLTECH trade ideas
HCL TECH
educational idea
if hcl tech posted good results we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis.
HCL Tech trend analysisRange bond from last 15 day, chances are high for breakout. Price got support from demand zone and good to buy if price sustain over 1175/1195.
1st safe target 1240.
Double Top Supply on this zone - RSI also lost the strength, expecting a downward move towards its support area.
Disclaimer: View for Educational purpose only, not to be taken as a trading recommendation.
IH&S breakout in HCL techHCL tech has given breakout of inverted Head and shoulder pattern. if sustain , then can give very good return.
rest is detailed over chart.
Disclaimer : This is for educational purpose only
HCLTECHNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
CUP AND HANDLE STRATEGY Hcl tech forming a cup and handle pattern in daily timeframe , Also stock near it's 52 week high .Go long after breakout .
HCL - Previous Trend line Resistance acted as support1. Previous Trend line Resistance acted as support
2. Now on Short Covering zone
3. Breakout Entry - Daily Open & close above 1196 (or) Weekly Open & Close above 1185
4. Retest Entry Zone (1120 - 1132)
5. Stop lose - Below 1090 - Weekly close (or) Daily open & close
📊 HCL Technologies Target 🎯NSE:HCLTECH
As One can see bearish Harmonic pattern on HCL Technologies stock chart we are using this pattern for target first and then if we find resistance or reversal sign at PRZ then after such conformation we could go short as well.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
HCL TECH LOOKING GOOD FOR ANOTHER UPSWINGA very nice parallel channel, and breakout from INVERTED H&S
HCL Technologies Ltd.Trend analysis with 1D TF suggests that HCL is on its way to 1430 and than 1540.
HCL -Time to GO Long.NSE:HCLTECH
HCL is time to Go long for the Following :
1) Gap Up on Friday.
2) Net Volume Up.
3) Supertrend Positive
4) RSI indicating Long Position.
Keep trailing Stoploss at the moving Blue Line of Super Trend or you can get out of position when RSI Comes down and Cuts below Yellow Mean Line.
If INR 1367 is beaten, it can move further up. Be careful around that level.
For Educational Purposes only. The author is not responsible for Financial Losses.
HCL Technologies- Daily Time FrameHCL Technologies saw a short term correction as the whole IT sector witnessed it. As we can see it took support on trendline two times and respecting it, risk-averse can take entry after the marked levels while risk-takers can take entry at CMP for the following targets.
head & shoulder breakout trade setup:hcltech : cmp 1194
trade set up :
1. buy above 1195
2. keep stop loss as 1145
3. targets : 1239 / 1294 +++
technical setup:
1. head and shoulders
(inverse h&S)
2. bullish engulfing candle
Inverse Head & Shoulder pattern In HCLTECHHCLTECH Forming good shape in Chart.. Closing Above 1183 looks good. For intraday first Target 1199, 1215, 1238.. For Positional keep SL Below 1100 on closing, Target is open..
HCL Tech: Inverted Head and ShoulderHCL Tech: Inverted Head and Shoulder pattern - Price target : 1325
#HCLTECH updated harmonic pattern#HCLTECH updated harmonic pattern
Profit booking zone -1300.11
CMP:1265 @ 25 December 2021
HCLTECH buy ideaHCLTECH buy idea.
We can see hcltech breaking out from inverted head & shoulder pattern. Best entry will be after retest of neckline for target of 1260 level
breakout in hcl techInverse head and shoulder breakout in hcl tech. volume and open interest are increasing. rsi is above 60 so momentum is increasing on upside. it can give us a short term swing upto 1290
