HCLTECH trade ideas
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One of the best IT stock - Potential to give 20% returnPlease refer chart for detailed explanation on technical analysis.
Find buying opportunity at/near support zone - Price mentioned on chart.
Fundamentals are strong so no need to worry even if price goes down.
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P.S: This is not an investment advice. This chart is meant for learning purposes only. This is my personal viewpoint so please Invest your capital at your own risk
HCLTECH - Trade for next weekAs seen on the chart, the support from the Volume profile indicator has been breached on Weekly and Daily Timeframes. A huge red candle has engulfed the previous days candle and the gap up could not hold as well.
HCL looks bearish and the targets are
TG1 - 1114
TG2 - 1074
The above is for educational purpose only.