Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
HCL Technologies is also Near the Strong Resistance in Weekly it's Made a( Hanging Man Candle) Near the Resistance Trendline two things Happen Reverse or Take Support at Previous Resistance as Support Level
#HCLTECH CMP : ₹. 1364 Date : 09-12-2023 A leading global IT giant having more than 60% promoter holdings with zero promoter pledge and low debt. ROE,ROCE,ROA all fundamental parameters are improving for last two years. After the news that HCL Technologies Ltd intends to establish a chip packing unit in Karnataka with an estimated investment of $400 million ,share...
# HCL TECH # BUY ABOVE - 1180 SHORT TERM TG - 1360 - 1370 SHORT TERM CBSL - 1095 LONG TERM TG - 1800 LONG TERM CBSL - 1000 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits...
HCL tech giving Breakout from important levels ....Consolidation was happening for almost 2 years ....Expecting rally of 6-8% in a weeks time . Dont miss the rally
Our views on HCL Tech is bullish until it's up side of trendline and target is next resistance drawn What's yours?
Cup and handle, going to see very good target in weeks or months.
CMP1325.40 SELLING ZONE 1328-21 SL 1336 TGTs 1288/51/12 (Positional View)
Trading and investing are completely different in nature. In trading, we don't care about the prices whether it's fair or not. We buy high and sell even higher. But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved...
Hcl tech has bullish view. break IHAS pattern. If sustain this place. Then we will see this stock price in 1500.
Stock is holding up firmly at higher levels. We have 3 inside candles during the last four trading sessions. RSI is facing resistance around 60 and price is facing resistance around 1290. Overall structure is still bullish and once it manages to cross hurdle around 1290 we may see stong follow up on the upside.
HCL Tech: Has bounced back after a brief consolidation.Above 1285 THE CHANNEL breakout looks stronger .As 10DEMA shows golden cross over likely to test 1300+ on sustaining above 1285. (For Educational purpose only)
Reason for long a) Triangle breakout b) W formation c) weekly breakout d) super vwap breakout e) channel support SL compulsory
HCLTECH is an interesting chart with following reasons 1. ABCD pattern under formation 2. Price Crossed above 20 day SMA 3. Narrowing Bollinger Bands and price trading near upper Bollinger Band 4. On Weekly chart it formed a breakout of CUP pattern and is sustaining above breakout level after testing the same. 5. RSI on all time frames (daily/ Weekly/...
Details are mentioned in Chart. DISC: This is not a buy or sell advice. Only for educational purposes.
Reason for long a) Trendline breakout b) SL 1250 as it is good risk reward zone c) Daily Mr.14 set up and powered by QQE d) TST breakout set up SL compulsory Pre - Result rally possibility