Very strong resistance.
High volume bars.
Nifty also going in bear zone.
Malls are far from opening
Limited new movie releases.
Fundamentally and also technically - this stock will go down as fast as it has come up.
I am expecting this to give 10%+ return in coming week if you go short.
HCL closed at strong resistance. Looking at PCR of 0.7, there is high chance that it may go down from this point. Weak for intraday, otherwise I am bullish on stock from fundaments - P/E is less than industry average and overall NIFTY IT is doing good.
Let's see how it goes tomorrow. I will short.