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 trade ideas
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.
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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...........
HCL - setting up for an upmoveHCL technologies setting up for an upmove. Another green day should confirm the upmove
HCL tech RSI divergence spotted. Buy when stock falls, or short sell now. Would be safer to buy when price falls, rather than shorting now.
Head and shoulder pattern will complete when price falls below 820. Would be a great buying opportunity for 30% upside!
buy near 800 - 820 level from where stock should rebound 30%
HCLTECH - Bouncing back from the Key support levelFrom past few months, HCLTECH is trending in a channel range between 895 and 1035. Post Q1 Earnings, tested lower range twice and bounced back from those levels. It shows good buying interest at those levels. I expect stock to move towards 1000 in this recent pull back.
Disclaimer : above views are only for educational purposes.
HCL Tech Cmp 931 dated 21.5.2021HCL Tech Cmp 931 dated 21.5.2021
1. Triple Bottom on weekly chart, where chart
taking support.
Buy for a tgt of 970-1000 -1040 SL 885
It is just view, pls trade at your own risk.
HCL Tech reversal from SupportAt 1hr chart pattern HCLTECH has taken a good support approx 900 level. This level was previously tested by the stock multiple times. Again it is moving in upward direction. Closed today above 50 EMA and journey of 200 EMA can be seen in short term period. Lets See…
5th wave due in hcltech for selling below trendline breakhcl tech is about to complete its 4th correction wave. and now 5 th wave will resume for tgt of 850 or below.
Hcl technologies time for perfect entry - DON’T MISS IT Now HCL formed cyclic double bottom and completed W pattern. Also completed retesting zone.. time to perfect entry with stoploss....
Stock Analysis of HCL TechPrice - 931.40 Dt. - 19.05.2021
The stock seems bullish after falling on the average result. The stock closed right above the 21 DEMA and near the support line. It looks like the 21 DEMA can cross 50DEMA from below in few days.
HCL Tech can go up to the resistance line placed at 1010 giving a nice 8% return on investment.
HCL Tech Long Stock forming a Double Bottom and a rounded bottom and reversing from demand zone. Upside to 1050 levels.
