HCLTECH trade ideas
HCLTECH can show 1050 once moreSome profit booking was seen in the morning in NSE:HCLTECH but buying emerged and it is able to regain it's opening levels. If it closed above 1025 today as well then we can expect 1050 levels once more and this time it can cross as well.
HCL Tech analysisStock is trading above 200EMA in upward channel making HH/HL which confirms the uptrend. Trying to approach support zone. Can generate a good swing from the demand/support zone with high RR ratio.
HCL Technologies Long @1050-10601.Multiple Resistance Breakout.
2. All Time High.
3.Strong Fundamentals.
4.Stop Loss - 1040.
HCLTECH showed a great move and showed 1050 levels today onlywe discussed about NSE:HCLTECH yesterday that it can show 1020 levels but it showed 1050 today only and closed above 1020. Momentum is about to come because it had already reversed from 1050 thrice.
Long HCL Swing tradeSwing trade opportunity to long HCL above 1010. Can Trail SL once the stock BO from the resistance area. Cautious area 1015-1020 also to be noticed. All important levels marked on the chart. This is for your educational purpose only.
Range Breakout in HCLTECHHCLTECH is consolidating in a narrow range after a rally breakout above 1040
CMP : 1034
Stoploss : 950
Target 1 : 1140
Target 2 : 1180
HCLTECH is again ready to show 1020NSE:HCLTECH has been able to save it's 1000 levels. Now it can show 1020 levels soon.
HCL TECH GEARING UP FOR A BREAKOUT At 891.40 levels we can see that its taking a beautiful support with 4 touch points , and 1045 level acting as a strong resistance with 3 touch points . we can also observe that a Symmetrical triangle pattern has been formed on the daily chart.
HCLTECH can show 1020 again if it closes above 1000NSE:HCLTECH can show 1020 levels again if it gives day closing above 1000.
HCLTECH is trying to break it's 1000 levels againNSE:HCLTECH is trying to break it's 1000 levels again but selling keeps on coming. Volumes are also fine so we can expect 1020 levels in a day or two.
HCLTECH seems to be taking support around 970 levelsNSE:HCLTECH is again taking support around 970 levels and can show some bounce from this level.
HCLTECH : Parallel channel consolidationAfter a big rally from lockdown lows....Hcl Tech is consolidating in a range.
HCLTECH had reversed from 1050 levels third timeNSE:HCLTECH had reversed from 1050 levels for the third time. Today it has shown perfect support at 970 levels.
HCLBuy above 1010 with the stop loss of 1002.Targets are 1018, 1026 and 1034.
Sell below 990 with the stop loss of 998. Targets are 982, 974 anf 966.
