HCL Technology going bearishA descending triangle with an over valued price is a deadly combo. Short your stocks would be the ideal move right now and book profits. Fresh entry can be made only when it bounces off 799 levels. The momentum is fading and the volumes are also declining.
It is having an uncanny resemblance with BTC USDT chart doing a saw tooth pattern.
Risk-o-meter Dangerous
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Trade ideas
OPTION BUY FOR INTRADAYFOR HCLTECH READY TO DOWN SO U CAN TRY PUT OPTION 950 buy price 1 to 0.70 target 3 TO 7 NO S/L
LOT SIZE 700 / GOOD STRIKE AND VOLUME / LOW INVEST---- HIGH PROFIT
MONDAY GAP UP 982 TO 986 SO CURRENTLY OPTION 1.45
INTEREST SAME LEVEL SELL S/L 997 TAR 973/969/958
GAP DOWN OPEN DON"T TRY---
HCL TECH | ANALYSISLooks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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HCL TECH - DARVAS BOX BREAKOUT SOONAs you see the price it is struck inside the rectangular darvax box pattern as same as Nifty IT index.
Nifty IT index has made breakout the resistance and hit ATH, the same way we are expecting the HCL also break the upper resistance and enter into uncharted territory soon






















