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HCLTECH - Result announcement tomorrow - Created Doji

NSE:HCLTECH   HCL TECHNOLOGIES
#HCLTECH Quarter result will come tomorrow. Stock today Hit the 52 week High. but stock created a big doji and closed above the resistance line. Stock will be volatile for tomorrow. Level 640 & 650 has strong OI buildup compare to 620 and 610 level.

Showing Bullish result in Technical Parameter:
CCI in overbought zone
MACD is treading UP above 0
RSI near to overbought zone
William R% is bearish
Stoch reversing from overbought zone
MFI in overbought zone
ATR is decreasing since 5 day
Aggressive New Long
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Support : 585
Breakdown : 600
LTP : 627.65
Breakout : 653
Short Target : 700
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Positive & Negative Point:
1) Very Bullish in Daily/Weekly/monthly chart
2) Relative Strength - Benchmark index is increasing
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(Disclaimer: This is only for educational purpose and paper treading.)
Trade active: HCL shows decline in profit QoQ. Last two session share was very volatile. it created the doji on Thrusday and closed above support trend line while on Friday again it created doji but closed below trend line support but above 14Feb 2020 high. Stock is bearish over the indicator and people start making Short position Aggressively on Friday. I will stock will correct from here if it will break level 600 otherwise it will make new 52-week high if tread above 652 level.

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