Rising wedge in HCLTECH on a 15 min tfhcltech had created a gapup due to which selling can be seen and a rising wedge is forming
1st entry for short can be created below closing of 1258.50
with tg of 1246
2nd entry below 1246 with target of 1230
keeping sl trailing as per risk appetite
disclaimer: this post is not an investment or trading advice
please consult your financial advisor before deploying any capital
pls drop down your doubts and comments
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HCLTECH trade ideas
HCL Breakout, go longHello guys , the market seems to have made a bottom so now lets go for longs, do your own analysis also.
HCL made a H&S pattern
Broke counter trend-line
Gave a symmetrical triangle breakout
IT sector is strong
Wipro already running like black horse
Buy near 1200
Targets mentioned in the chart.
RSI looks bullish
MACD is above signal line
HCL Tech IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
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Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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HCL Technologies IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
WAVE ANALYSIS OF HCL TECHI have applied wave theory to the daily chart of HCL TECH. I see the development of a zigzag pattern in Wave B which can be used for taking a position. Wave A is over after completing five waves down. This short video is for educational purposes and investment in securities is subject to one's own risk. All the best.
HCLTECH - Long view - Educational purpose onlyThe price has fallen from a level of 1377 forming a bearish flag pattern on the daily time frame and has reached the lows of 1090.
From here we should see an upward movement which has already been shown today, however look for entry opportunities above 1149 for a target of 1338.
Maintain strict stop loss due to volatility in the market.
ENTRY 1148
STOP LOSS 1122
TARGET 1338
PROFIT 7308
LOSS 1000
QUANTITY 38
On the lower side you can go short below 1120
ENTRY 1120
STOP LOSS 1130
TARGET 1062
PROFIT 5800
LOSS 1000
QUANTITY 100
Kindly use this for study purpose only