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mkul1808

HCLtech Cup and Handle on 1 hour chart, showing Bullish trend

Long
HCL TECHNOLOGIES FUTURES (NSE:HCLTECH1!)  
mkul1808  
NSE:HCLTECH1!   HCL TECHNOLOGIES FUTURES
Trend Analysis Chart Patterns cupandhandlepattern
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trendanalysis chartpattern cupandhandlepattern
on 1 hour chart, HCLTech clearly has a cup and handle pattern, showing bullishness. from 8th July to 2nd August, it gyrated from 972 to 872, and back again. a clear upmove of 100 rupees in a short span of 20 days. I predict this uptrend will take HCL tech to at least 1070 till 31st August.
Standard disclaimer applies. I am not authorized analyst. this is my opinion for educational purpose only.
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