NSE:HCLTECH   HCL TECHNOLOGIES
This is not the first time that price has crashed/corrected to 200 DMA and then moved up. The chart clearly shows previous such movements. Chart study often involves historical study.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.