Trade ideas
HCL Tech- 1200+ is possibleHCL Tech is moving in a flag pattern in weekly chart. Can move beyond 1200 levels very soon. Chart structure is very similar to Tech Mahindra as i had posted earlier.
Very good reversal from support.Can go long at given levels.
Very good reversal on support.
Support tested thrice.
HCLTECH LONG TRADEONE CAN LONG AT THE CURRENT LEVEL.
BULLISH MOMENTUM EXPECTED ON CLOSING ABOVE 960.
HCLTECH - Bullish ReversalThe last resistance of 900 is acting as new support which has been successfully sustained and retested 3 times.
Again a bullish reversal is seen from 900.
CMP - 945
SL - 900
Target 1 - 1040
Target 2 - 1075
Target 3 - New all time high
If trendline resistance is broken then a new all-time high can be seen which makes this trade great from the perspective of risk to reward.
buy hcltechafter some consolidation finally moving abv consolidation level and also closing abv 50ema. we may see 1050 in coming days. view negated below 920
HCL Tech LongHCL Tech shows a postive trend after the fall and getting support at very crucial 895 levels.
Current MACD and Bollinger Band Explosion to higher line suggest it shows the Bull move in the cards.
I will buy it at current levels pf 935 with a small SL of 923 with a target of 980 and above in June.
Please note when it crosses Zone 1 there is no stopping this stock whic h is denoted by Purple Zone.
Personal view for educational purpose only.
HCL ready to fly todayPrice rejection at 939. Breakout will happen soon at 941. Too much of consolidation done. Good for intraday.
My view on HCLTECHI am looking double bottom pattern in HCLTECH using hourly chart.Breakout looking above 938-940 using SL 920 Target looking 960-980+++ intraday/short term.
HCLTECH - Showing strong support HCLTECH - showing strong support. Should start its upward movement in a week
2 technical reasons to buy1st- Double bottom pattern
2nd- Cup and handle pattern
Can be bought for a short term target of 970.
Please Like and follow!
Happy Trading :)
hcltech for 25 may 2021i hope you guys enjoy all my ideas and i hope you all learn and earn money form it
note : when you buy or short any of the script so please consult to your financial advisor and
all the levels are on the charts dont jump the levels so plz if you want to enter at our price so enter only at our levels
HCLTECH SWING TRADE OPPORTUNITY (DARVAX BOX PATTERN)Price Taking nice support at lower band forming Double Bottom and now approaching towards upper band
Swing Trade - Buy @ 930 SL 900 TGT 975-1000-1050
HCLTECH 1D TF Rangebound for the past 5 months.
Currently, retesting the double bottom breakout level, Keep a watch.
HCL TRADE SETUP NEXT WEEKTHE STOCK has completed its consolidation phase and we recently saw MACD crossover at a good support level above 900. we WILL also see a golden crossover in this week.. Hence providing a low risk trade setup on analysing daily chart.. SL-920 and T1-970...........
