HCL TECH near to rectangle breakout - Very Bullish - Level
#HCLTECH is moving under rectangle box and near to upper breakout. Today stock gain Volume more then 20VMA. Stock is moving above 200SMA and 200EMA both.
Showing Bullish in all indicator: Increase in Relative strength - Benchmark Index CCI above +100 RSI is trending UP MFI is trending UP ROC is trending UP Stoch in overbought MACD crossed above signal line Aggresive New Long Making Higher High since 3 day ---------------------------------------------------------- Support : 570 and 546 Breakdown : 580 CMP : 592 Breakout : 600 Short Target : 614 and 623 ---------------------------------------------------------- (Disclaimer: This is only for educational purpose.)
Trade active
Faced resistance from rectangle upper. Keep focus on the suggested level.
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