This stock is ready to test the Bearish gap at 1300 and have a strong resistance at 1310 levels... Keep in long from 1240 levels...No short side this gap will finish soon.
After a strong breakout from trendline price tested trendline and resistance , again turned to be bearish by breaking the channel again... if retest tomorrow price retest to the channel , will looking for short side...
As per my analysis, NSE:HCLTECH has given a breakout of downward trendline. Now there could be a buy opportunity if price retest level of 1160 with stop loss of 1125 (-35 points risk). My expected upside target would be 1180 (+20) and 1202 (+42). Note: This is my personal analysis, only to learn stock market behavior. Thanks.
price broken the trendline strongly and now it tested the trendline.... if price fall or continue move upwards.... will looking for short entry....Will update once it is reversed.
Observations:: This stock is in uptrend...now its near demand..look for buy. A strong bullish momentum is observed from this zone...1180 it has taken support from this zone multiple times... now again it is at the same zone.... look for buy side... weak momentum to the bottom side is also observed. if we see a strong fall is observed from this zone 1196... it will...
Observations:: After a strong fall from resistance price slowly reached the resistance again and starts falling. we have demand zone in the range 1105, price will test that demand zone, initially look for buy @1105 level,for 1130 range only. if another demand zone @1135 resist price fall is more,and will reach the bottom zones at 1070 levels. Keep track this levels...
Observations:: clearly the stock is trending upwards, previous resistance @1150 is acting as resistance again. previous resistance @1110 level, broken strongly. if this again acts as support price again bullish. If price is failed to create a new HH and breaks 1125 zone, go for selling up to 1110 with a retest or pullback. previous resistance may acts as support,...
Observations: ---->> trending upwards. ----->> we have a trendline support as well. ------->>Keep track this level @1120 will again push the price to lower levels. ------>> previous support level @1070 level holds again it will turn to bullish up to 1150 range.
NSE:HCLTECH after 18-10-21, yesterday made 20millions + volume nearly at Support zone in dcb chart. where price wants to head?