We are witnessing a double top in
HCLTECH
. It gave a breakdown on 27th Jan but on 28th price recovered a bit (as of writing this). If price fails to move up much from here and gives a close below the neckline again then it could be a good shorting opportunity for nearly 20% down move as per the height of double top formation. Keep an eye!
HCLTECH
. It gave a breakdown on 27th Jan but on 28th price recovered a bit (as of writing this). If price fails to move up much from here and gives a close below the neckline again then it could be a good shorting opportunity for nearly 20% down move as per the height of double top formation. Keep an eye!
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Disclaimer: Do your own due diligence for buy/sell decisions.
Disclaimer: Do your own due diligence for buy/sell decisions.
