HCLTECH trade ideas
#BEARISH BAT HCLTECHBearish bat identified in daily time frame. type 2 completed PRZ test. i will look for reversal in hourly chart.
HCLTECH at the breakout level of 2 patternHcltech at the breakout point of 2 pattern.
Cup and handle
Pennant
Go long if its cross 556 on the closing basis on Monday
Support and resistance given on the chart. Cheers
Close above 552 needed to resume uptrendClose above 552 needed to resume uptrend. Entire day struggling to cross 552
HCLTECH looking bearish for coming days.NSE:HCLTECH
As per price and volume we can clearly see strong rejection of higher prices. Daily chart is showing sideways trend.
As per the trend of higher TF HCLTECH looking good below 527 as per 30M chart for short with Sl above 537. Both entry and exit closing basis.
I am looking for targets of 515,506 in coming trading sessions.
HCLTECH @ Resistance 530Hello, It look like HCLTECH is in uptrend but currently at resistance level and since last few days running sideways.
Probability of respecting resistance is higher as bearish harami pattern was formed on 22nd March '19. In my opinion, good exit point for swing traders.
What is your opinion?
Maybe a Good Shorting OpportunityShooting Star:
A Famous candle stick pattern for reversal.
We find one on hourly chart of HCLTECH.
Only for Watch.
Thanks
HCLTECH Fibonacci AnalysisAs the Indian market favors LONG based on the Fibonacci Re-tracement Technically,
Script Name: HCLTECH
Date of Analysis: 15-APR-2020
Buy Level: 468.00
Target Level: 504.40
GAIN PIPS: 708
head and shoulder pattern in HCL techHCL tech has made a head and shoulders pattern in daily time frame.
If the breakout is valid, it may test the immediate support at 357.
HCL Technologies - Bearish Bias - Can Short at current levelsHCL Technologies - Bearish Bias - Can Short at current levels
HCLTECH ALl High resistance - Looks very BullishGood Uptrend channel in WEEKLY, poised to breakout of previous High. With very good Results on 17-Jan , a good move upside is possible which may continue.
