HCLTECH | Swing Long | R/R = 6

> This will be a slow mover. Any stock which retraces so much will usually move slow
> one of the strongest IT stock (technically) and part of NiftyIT index
> This will inevitably depend on the IT & Nasdaq index.

Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.

Comment:

Momentum has just started on this. Wait.

This and Cyient are the only IT stocks which are looking good.

Comment:

this stock corrected more than usual, but then there was a good dividend too.
undecided on this, momentum is definitely lost.

will check if I find better stock to replace this with.