Trade ideas
HCL Tech Approaching Key Resistance for Potential Breakout
✅ HCL Tech has been consolidating near its upper resistance zone, where both the Bollinger Bands and trendline resistance align. This zone around ₹1630-1650 is crucial as a breakout above this level could trigger significant momentum.
✅ The stock is showing strength, moving along the upper Bollinger Band, which often precedes a breakout when combined with rising volumes.
✅ Watch for a breakout above the ₹1650 level. If the stock sustains above this zone, it could see a sharp upside move. However, failure to break this resistance may lead to a pullback towards the middle Bollinger Band and support around ₹1550-1600.
HCLTECbuy on dip stock
their is 3 possibilities if
1 stock opens gap up and continue the rally in 1st hr forget the stock
2 stock opens gap up correct their after or correct after 1 hr buy intraday / ce same day exit
3 if stock opens gapdown or open flat then correct buy where the first 15 min candel cross the 8 ema same to exit 2 option exit when first red candel close below 8ema
Long HCL_
Currently HCL technologies trading @ Support which was previous resistance.
There is potential target till 1600 and We can bet trade in Futures(July & Aug-2024) and Stoploss below previous weekly candle 🕯️ low.
Note:- Indian It sector is bout to rally as Nasdaq closing ATH daily, Concentrate on IT Stocks.
Happy Trading!! Only for educational purpose.
HCLTECH buy on dip near 1345 , upside 1650++ Target possible Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HCLTECH, Stock of the WeekAfter a strong hammer candle from the low, the price has formed a three soldiers pattern.
Also the price has given the breakout of the LTMA band.
CMP:1,431.50
R1-1,531.45
S1-1,350.90
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Strong weekly candle formationThe stock has taken a support from it's lower trendline and making a strong weekly hammer.
Zone of accumulation - 1300-1400
Possible targets - 1490, 1640
SL - Day close below 1300
This Idea is for Educational Purpose only and it's not a BUY/SELL recommendation.
Learn & Earn,
Dr. Tanya Kumar
HCL Tech Entry 1360 Above Close
SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
HCL TECH - SWING TRADE ON LONG SIDESymbol - HCLTECH
HCL Tech is currently trading at 1360
1300 - 1360 is a good support area for HCL Technologies Ltd.
I'm seeing a trading opportunity on buy side.
Buying HCL Tech Futures at CMP 1360
I will be adding more if 1330 comes & hold with SL of 1295
Targets I'm expecting are 1440 - 1485 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!






















