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HCL Technologies LimitedHCL Technologies LimitedHCL Technologies Limited

HCL Technologies Limited

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HCLTECH trade ideas

HCL TECH - Long - Target 1110HCL Tech seems to have broken out of a downward trend, caused by fear selling in the markets this week. The stock has been following an upward trending parallel channel over the last few days and has also rebounded off the 50 DMA. It is set to achieve a target of 1110 by earnings release ~ 15th of May. Target:1110 Entry: 991/CMP Stop Loss: 960 Time: ~ 39 Days Note: Book profits at ~1050/55 as the stock may face heavy resistance at this level, as seen previously.
NSE:HCLTECHLong
by Technical_TB