Trade ideas
intraday idea for tomorrow #equity intraday idea for HCLTECH . BUY/ SELL BELOW OR ABOVE. the mentioned price only if it closes above it. stoploss can be placed below trendline. if you like the analysis like,share.
Channel Movement of PriceHCL Technologies Ltd showing consolidated channel movement between the Support and Resistance Zones... Stock likely to reach the Resistance in a short time frame. There is a possibility to breach the Resistance and rise further. I'd definitely be long on this stock. Minimum Targets to reach 1050+.
Consult your own advisore before investing
HCL TECH - Trade Setup (Monday)The stock is in consolidation phase, where a swing trade setup is been spotted on the daily chart.
The price action firstly made a double bottom on the previous support indicating buyers strong hold on that price range, indicative of buyers buying at support again to swing the prices up. Hence providing a low risk swing trade setup on daily chart.
T1- 950 I SL - 920 I Duration: 1-3 days
T2 - 970 SL - It may vary depending on the correction once T1 is achieved
T3 - 990 I SL - It may vary depending on the correction that will happen once T2 is achieved
HCL Future Trading:
1 Lot - 700
Margin - 1.5 Lac
T1 - Profit 14K (10%)
SL - Loss 7K (5%)
HCL Tech - 8% upsideHCL tech taken support on 44 DMA
I have entered trade. Will not book stop loss, if it hits, rather will either hold or average, depending on situation
Company needs no introduction, it has great fundamentals. IT sector has gone sideways since Jan, now showing signs on uptrend as covid cases coming down
HCL Tech - Trendline -Resistance - BreakoutPositional Trade: HCL Tech has broken out from a falling trend line and at the same time broken out of a resistance at 952.
Buy: HCL Tech
CMP: 964
Target 1: 1025
Target 2: 1050
Stop Loss: 934
HCL TECH trend reversalHCL tech is now trading @ its make or break level closing above 951 Shows signs of trend reversal
HCL TECHNOLOGIES - Intraday Trades for FridayShort below today's low for target of 930, 925.
Looks weak for short term view as well so can take sell positions if Daily candle closes below 925/920
BUY HCL TECHAccording to 1 hr chart anylasis HCL TECH making rounding bottom pattern so as my opinion we can buy HCL TECH between 945 to 952 best price or right time to enter in this and we can say if this stock hold above 952 with increasing volume then easily achieve 1000 target !!!
GOOD CHART PATTERN Check it outhey it HCL TECH
1)weekly chart in uptrend
2)triple top bottom
3) EMA50,EMA200 indicators
HCL TECH again at BUYING/DEMAN80 zoneAs you can see previously on the chart on 1D timeframe, 906-909 zone has acted as a good support zone, and also a good bounce seen from these levels, can expect a good upside move only if manages to sustain above this zone, can be a good pick at around 906-909 zone with a strict stop-loss of 896 (only on a closing below basis), and if doesn't sustain above 906-909 zone and manages to close below 896 then it may show a downside move upto 880 level.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NRES AND OTHER FACTORS.
BREAKOUT WITH VOLUME CONFIRMATION HCL TEACH HAS PERFORMED BREAKOUT AT 11:15 ON 31 MAY AND SUSTAINED IT ALL DAY AND ITS UPSTREND STOCK SO IT MAY CONTINUE IT TREND FROM HERE BUY IF BREAKS 946 TOMORROW
BUY PRICE : 946
STOP LOSS : 940
TARGET 1 : 954
TARGET 2 : 958
Buy HCL TECHThis is the perfect enter to buy between 945 to 952. There is 1 hour bullish candlestick pattern create previous bullish candel high. This is the perfect buy entry according chart anylasis
HCl Technology analysisLooking at the chart it is tarding exactly on its trendline it's 1st support is around 925 and the most strong support is 900,and talking about resistance it is at 950 which is also one of the pivot point,it may go till 965 and further 982
Bullish#HCLTech looks bullish. Stock can test 986/1024 levels as long as 923 levels are defended. Good to go #Long with protection.
Hcl TechHcl Tech - Cmp 906
Looks good for long position at cmp with 870 sl on closing basis for initial targets of 950/975.
