📈 HCL Technologies: Setting Up for a Potential Bounce
CMP: ₹1,606
Stop Loss: ₹1,490
Target 1: ₹1,738
Target 2: ₹1,825
HCL Technologies is showing signs of a potential rebound, closely mirroring the NIFTY IT index. The stock has formed a base on the daily chart and recently breached a small resistance, indicating bullish momentum may follow.
💡 Why This Matters:
With April’s quarterly results around the corner, increased market activity in HCL and the broader IT sector could present an attractive short-term trading opportunity.
⚠️ Caution:
The market remains volatile—smart position sizing and strict risk management are essential.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making investment decisions.
#StockMarket #HCL #NIFTYIT #TechnicalAnalysis #TradingOpportunity
CMP: ₹1,606
Stop Loss: ₹1,490
Target 1: ₹1,738
Target 2: ₹1,825
HCL Technologies is showing signs of a potential rebound, closely mirroring the NIFTY IT index. The stock has formed a base on the daily chart and recently breached a small resistance, indicating bullish momentum may follow.
💡 Why This Matters:
With April’s quarterly results around the corner, increased market activity in HCL and the broader IT sector could present an attractive short-term trading opportunity.
⚠️ Caution:
The market remains volatile—smart position sizing and strict risk management are essential.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making investment decisions.
#StockMarket #HCL #NIFTYIT #TechnicalAnalysis #TradingOpportunity
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.