So this correlation explains that
Almost 85% of time before results HCL rises in uptrend about 4-10% BEFORE RESULTS.
Almost 75% of time after results HCL falls 5-10% immediately after RESULTS. 25% time it can continue uptrend.
There is one case when HCLTECH was in deep downtrend before results , then moved to uptrend after wards.
So, currently HCL is trading at 975 , nifty is side ways , what do you think this will be proven correct again ?
Almost 85% of time before results HCL rises in uptrend about 4-10% BEFORE RESULTS.
Almost 75% of time after results HCL falls 5-10% immediately after RESULTS. 25% time it can continue uptrend.
There is one case when HCLTECH was in deep downtrend before results , then moved to uptrend after wards.
So, currently HCL is trading at 975 , nifty is side ways , what do you think this will be proven correct again ?