HCLTECH trade ideas
HCLTECHTHERE SEEMS TO BE SMALL SUPPORT AT 715, IF IT HOLD THEN CAN HIT 724 AND 729
ELSE CAN LEAD TO 712 705 AND 700
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Buying opportunity on weekly chartsHCL: Buying opportunity on weekly charts.
RSI and RS are showing strength and price is moving in a channel.
Good chance to go long.
HCL Tech (A Breakout Incoming ?)HCL Tech has been consolidating in a range and is forming a potential triangle. The stock has also formed a Bearish Divergence between the price and the RSI Indicator.(While the price has been making similar highs, the RSI has been forming lower highs). The stock is still away from it's Support and Resistance areas but looking at the current market scenario, it might not be a surprise if the move is done with in a single day.
Keep a lookout for any breakouts on either sides.
Should be interesting.
HCL Tech, Looks weak now at 710, SL 730, Target 680HCL Tech, Looks weak now at 710, as RSI going downward still the price going up
This is a perfect short candidate with SL 730, Target 680
(adjust futures premium rates accordingly and observe the move ahead)
Use this as for learning purpose only.
6) @BUY NOW S L - 691 , MY STRATEGY SIGNALDAILY FINANCIAL WISDOM: True discretionary trading is not based on emotions nor spur of the moment decisions. It's based on experience and insight.
HCLTECH : 27 AUG 20:WHAT TYPE OF PATTERN THIS IS?
SEE ALL MY CHARTS IF THEY ARE A KNOWLEDGE SEEKERS OPPORTUNITIES THEN LIKE MY CHARTS BECAUSE THEY ONLY ARE THE MOTIVATION FOR KNOWLEDGE HUNTERS.
HCL Very Strong Up Move HCL After major Breakout now conlidation is going on Once Breaks above 720 we can expect some strong rally towards 780 & 840 levels in short term.
HCL TECH : 24 AUG 20 : RECORD HIGH RATERECORD HIGH RATES, BE CAUSTIOUS, BEWARE OF BEARS FOR EVERY BULL. MARKET EXPECT TO CORRECT THE STATEMENT BY RBI GOVERNOR ON SATURDAY NIGHT.
MY SINCERE THANKS TO:
TRADING PANTHULU,
ACHARYA DEVO BHAVA.
Will HCLTECH gives a BreakOut or BreakDown ?Consolidating from the last 3 day ,We saw Multiple Rejections from support level and TL resistance as encircled, Let's see how the market reacts. It will be a good bull run if it breaks 716 Levels.
HCL TECHNOLOGIES - Fresh rallyAfter the Golden Crossover, the stock kept climbing and then moved in a 'Parallel Channel' while also forming a 'Flag' .
Yesterday's candle was a breakout with good Volume.
Today the close above the resistance has confirmed the strength.
HCLTECH daily/ hourly/15min long 696 & 684 sl 675HCLTECH daily/ hourly/15min long 696 & 684 sl 675
Pro:
1. 2 excitig candle in 15 min(execution), 60 min
2. very clear zone
3. coinciding 15 and 60 min in location daily zone
4. stock is uptrend after breaking all time high for few weeks
enter in hcl on trendline breakout 8/19/2020 11:42 amwait for the trendline break and enter
in last post i made a mistake typo error kindly correct zeel to sunpharma
HCLTECH LONGHCLTECH CMP 717 LOOKS GOOD FOR ANOTHER BULL RUN SMALL RESISTANCE AT 730 760 AFTERWARDS BULL RUN TILL 830 SUPPORT PLACED AT 675
bullish on this shareHCL TECH IS BULLISH
BUY ABOVE 718
SL 700
TARGET 735-750
IT GAVE A BREAKOUT OUT !
Hcl Tech Decision PointHcl Tech is at control price of daily channel.
Its a decision point. Can move bothways
Shall wait up and see next week.
I expect it to move upside..
Lets roll..
Once they Break the Trend, They Break the TrendDon't go short today, it's the possible move in coming months as long as HCLTECH stays 800 and breaks the uptrend with an Impulse, we can see downside in HCLTECH
