Strong Support and Resistance in Covid Time.Covid time stocks are falling even though fundamentally strong. I am expecting the maximum falling is 10.36%. It is a fundamentally super strong company.
HCLTECH
HCLTECH LONG INTRADAY 19 Mar,2021Dear trader,
If u look at the chart of HCLTECH (analysis based intraday only) the HCLTECH Buy at 956 and Target at 970 and Stop loss at 946.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
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HCL TECHNOLOGIES - Triangle BreakoutHCL TECHNOLOGIES
Triangle Breakout
Bouncing Off Daily 100 MA
Targets in Green
HCL TechTaken support of 910
Broke out of channel
Reaching for 1000, 1050
**The minimalist strategy trader**
HCL technologies 1hr time frame analysisBroken it's channel and retested it... If sustains below and gives a breakdown.,can give a fall as shown and on..
IT STOCKS - Start of another leg of bull rally? - ANALYSISThe analysis is done purely based on chart patterns and price action.
The analysis is done on 15 min TF, but the target as shown in charts can take couple of days upto weeks.
As can be seen from NITFY IT chart as well as from charts of stocks linked below, price went for retracement phase, made a low on 21st December 2020 and then gave breakout from trendline.
Thereafter the price gave good breakout and came down to retest the levels.
This can be a signal another leg of bull rally.
Targets are determined with the help of Trend-Based Fib extension tool.
Traders must check for signals of reversal before entering into any trade.
This analysis is just for study purpose and to show beginners how to analyse a sector and its stocks.
This is not a trade recommendation. Traders must trade with their own risk and money management.
TCS chart analysis-
INFY Chart analysis -
WIPRO chart analysis -
HCLTECH chart analysis -
Feel free to comment for any suggestion or query regarding price action or chart analysis.
HCLTECHI'm not an expert I'm just sharing my views on HCLTECH for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
HCLTECH already broke out from falling wedge 1hr time frameHCLTECH already broke out from falling wedge 1hr time frame, now trading at hourly time frame support its for bit long term
Nifty it index viewNifty it index given upside break out after a correction.
Many stocks like Tcs, Mindtree, Infy, Techm and other stocks also given break out or ready to break out. Buy on dip simple.
HCLTECH - Bullish H&S Pattern - Intraday/Short Term TradeThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't chase the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before taking any trade
Feel free to comment for any queries & suggestion
HCLTECH - Bull Flag & Inverted H&S - Short Term tradeThis analysis is purely based on price action and Chart Patterns.
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself. Don't run after the price.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
Trade at your own risk and money management. Do your own study before entering into any trade.
Feel free to comment for any queries & suggestion
HCLTECH can give breakout from falling wedge tomorrowHCLTECH can give breakout from falling wedge tomorrow
