HCLTECH trade ideas
Inverted Triangles and Megaphone Patterns , Discretion advicedLOOKS LIKE Inverted Triangle and Megaphone Pattern is in the making In such kind of pattern one can see new high and new lows so you can think of those megaphones or bull horns kind of patter. Under which making new high constantly new lows constantly pattern kind of widening out
This pattern itself is very hard to find they don’t setup that often , you can see depending on the timeframe once a week once a month , may be once a year if you are looking at the big time frame so they don’t happen very often but when they do they are very very powerful , so the big thing behind is we need to see the actual price action setup meaning that we need a two highs and two lows so that we can connect together so in this case we going to have a high and high to low and low that’s the important part of this the more you have the better but you need at least 4 points so once you got that 4 setup then we can look at taking the side of the trades so basically what you want to do is price comes at the either side of low or high , one can become a buyer or seller.
buy hcltechichimoku breakout in hcltech. it has close abv cloud and also lagging span has closed abv cloud. me may see further upside in this stock
BUY HCLTECH ABOVE 972 TGT 1020 /1055 SL BELOW 925 Scrip looks fine as the dollar is strong and it is looking like it is coming out of consolidation. In the chart, yellow line depicts the resistance point and closing above which indicates buying for the upward blue lines as targets and red line as SL
HCL-TECH w PATTERNAs you can see in this chart there is a W pattern on HCL TECH 2 H time frame & and you can also see that there is a falling channel in 15 mint chart so as for my analysis we can enter in this around 966-975 range stop-loss will be 989 TGT we can see around 905-890.
HCLTech - Elliott wave analysis - ABC zigzag of Y downIt is in double zigzag correction as WXY. B of Y wave is in progress as corrective move and soon will finishes. Then C of Y wave will move down.
HCLTECH - LongHCL Technologies going well inside channel support. as per EMA Indicators also showing bullish. Trying to break the resistance at around 985 but failed couple of times. 1000 should be done in couple of days.
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.
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Broken Wedge and retest doneHCL broken wedge pattern and retest done, expected target marked on the chart.
Lets see..
HCLTECH Go loooooooooooongAlas!!!!!!!!!!!! one more techstock identical to TECHM analysis ! So I will just copy past exact text but with HCLTECH price !
HCLTECH seems like it completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 0.382 (883 to 908) and reaching apex of triangle.
Price already broke out above triangle. Go Loooooong.
If price goes up, I will update T1 and T2.
If you are long time investor, cash out after 5 months (approximate time for completing New impulsive wave ).
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**
Break Out - HCL-- Breaks the parallel channel and moves out from a support line. Which is now becoming Resistance -2
-- If it crosses the Resistance -1 then the next target is 1176
-- If it goes below the support -1 (900) then the next support is 800
-- Also just crossing 50 Exponential Moving Average
-- Golden crossover
"NSE:HCLTECH" - "SELL" signal 15 min Chart (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "NSE:HCLTECH".
-"NSE:HCLTECH" 15 min Chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min Chart of "NSE:HCLTECH" .It means "NSE:HCLTECH" can go down.
-Solved Signal 1 uses "NSE:HCLTECH" Price data for Solving the Market(See description of Indicator).
-Like and Comment NSE:HCLTECH NSE:NIFTY BSE:SENSEX
HCLTECH - On SupportHcltech on 50% support and might complete ab=cd looks like triangle compression above trendline resistance might force to test 61.80 or 78.6 ... Target on chart...
