Trade ideas
HCL TECH ANALYSIS 19.10.2021BUY : 1192 TO 1132
TARGET : 1620 TO 1678
Reason For Buying This Script :
In this script it forming Elliott wave in monthly time. Try to accumulate in lower levels.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target.
ALL THE BEST ..
HCL TECH Price Action AnalysisThe share price of HCL Tech is delicately placed resting at the Kijun Sen Line on the day chart.. being at indecisive juncture I am analyzing the hourly price trend that may emerge in the next couple of days as a result of the price action so far....comments given on chart itself, for educational purpose
HCLTECH - Head and Shoulder PattternA Head & Shoulder Patter formation can be seen on HCLTECH 1 HR Chart. A short opportunity can be seen in HCL Tech if it sustains below the neckline as mentioned in the picture. Will wait for a 15 min candle to give closing below the neckline. Target seem nice for intraday & short swing trade.
Levels are : Neckline : 1255, Targets : 1230 & 1215.
Please let me know your suggestions as well.
HCLTECH 1 day Time Frame AnalysisHCLTECH 1 day Time Frame Analysis
- Price is nicely moving above 200 MA
-Strong Support of 900 levels
- Major Resistance of 1050 levels try to break it 4 times
- Breaking this level can stretch the price up to 1200
- Breakdown of a current trendline can make it touch 1000-900 levels
HCLTECH buy signal , will touch 4 digits soonI will buy HCLTECH because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 930/910
Target : 1044
Stop loss : 869
Buy Hcl TechI have recommended this share from 950. Today it has again given breakout! One can buy for the target of 1450 with 1250 SL. This is a short term trade. If you have invested as per my previous recommendations, Hold it! I will keep publishing new targets or you can message me for revised targets and SL
View - Short term
Time - 1 month.






















