Bearish on HCLTECHDouble top is formed on the day chart. Currently in down trend. Short if the stock falls below 1107.50
HCLTECH trade ideas
Hcl tech redy to breakout Its in consolidation high chances of breakout
Buy after breakout if u won't want risk buy after retest
Another IT setup. $HCLTECH possible upsideHCLTRECH also consolidating near swing high into a triangle. 20 SMA has crossed over 50. Goodnight!!
Is IT stocks ready to lead the NIFTY?HCL TECH : CMP 1134
SUPPORT : 1010-1030
TGT : 1215/1305
IT index is going to support the NIFTY as most IT stocks is showing similar trends, Our pick is in this segment is HCLTech CMP 1134 has good support at 1010-1030 which is 50% retracement of recent high 1149 and about to breach the high and is heading towards 52wk high 1215 and if we consider Ellliotwave then it is continuation of wave 3 which will take it to 1305 which is our final TGT.
BUY HCL TECHNOLOGY WITH THE TARGET OF 1200+The stock price has formed Bullish rounding bottom formation on the daily chart with volume rising along with the price rise. IT sector has been outperforming in the current market scenario and same is expected to continue.
The stock is placed above all important moving averages. Indicators and oscillators have also been showing strength in the current uptrend. Buy with the target above 1200+ and keep stop loss at 1085.
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HCL TECHDay chart of HCL TECH where
Resistance zone is 1150
Support zone is 1010
Strong support zone is 870...
If you get help from this chart then don't forget to LIKE and COMMENT.
HCLTECHNSE:HCLTECH
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
HCl Price is in good momentum, broke out of consolidation. Good buy above 1079 for target of 1100.
Trade wisely at your own risk,
Good luck, Jai Hind 🇮🇳.
HCL: negative breakout candidateHCL technologies is a potential breakdown candidate. Watch out for the breakdown zone!!!
Symmetrical TriangleHCL Technologies has formed symmetrical triangle pattern it is good buy around marked demand and sell on supply/stop loss area levels on closing basis. Let's see
HCLTECH - Short OpportunityHey guyz here is my small analysis for HCLTECH. One can take 1050 PE for December in order to get good returns
HCLTech broke the resistance 1115HCLTech broke the resistance of 1115
Still in overbought zone but soon all IT stocks will move.
hcl tech it's a trendline above and fib retracement, maybe it'll go down if it reacts but let's see tomorrow.
HCLTECH - Bull run beginning Explained in the video all the details.
Should be clubbed with other indicators if more confluence needs to be build.
1200.
HCL TECH INTO CUP AND HANDLE PATTERNHCL TECH is available at good valuation among its peers.
current chart indicates the script will move above all time high for the target of 1400 - 1500 - 1600
HCLThis is my analysis of this stock, and I hope you will take it into account. I wish you much success
HCL Short opportunityHCL is at its resistance.
Tech dosen't seem to be very strong at the moment and breaking the resistance seems tough
This is for Educational Purpose only
HCL TECH - Good Dividend yield stock - Broke the resistance NSE:HCLTECH
HCL tech broke the resistance of 990 to 1000.
Broke the 200 EMA as well.
Result of the HCL tech is also good.
Dividend yield of 3.69%
Company has been maintaining a healthy dividend payout of 44.5%
triangle pattern and smc structureTRIANGLE PATTERN FORMED
SMC STRATEGY:
found double CHOCH & BOS
RR: 1:5
HCL TechnologiesHCL Technologies- We could see there is Double bottom formed, 1st Target 980 and Next target 1040+ as Marked in the chart.
Disc- Only for Learning Purpose not a trading recommendation.
