Buy Hcl TechThis beautiful stock came up on 7/6/21 on my charts. I bought it positionally for 1000. However, it again gave breakout and I revised the target for 1060 on 25/6/21. Today again it has given Breakout on Daily charts. Do not sell at 1060 as my targets are 1071, 1184,1364 and 1546 for long term. I will review this stock once it closes above 1071 and give my next view. Its a very good fundamental stock with nice technical breakout so worth investing in it. Keep a SL around 1010 daily closing basis and take your position.
View - Medium - log term. 1 Year plus.
Trade ideas
HCLTECH correlation with the result dateSo this correlation explains that
Almost 85% of time before results HCL rises in uptrend about 4-10% BEFORE RESULTS.
Almost 75% of time after results HCL falls 5-10% immediately after RESULTS. 25% time it can continue uptrend.
There is one case when HCLTECH was in deep downtrend before results , then moved to uptrend after wards.
So, currently HCL is trading at 975 , nifty is side ways , what do you think this will be proven correct again ?
HCL Tech moving out of after strong consolidationNSE:HCLTECH has sustained the medium-term support of 935 and is heading upwards.
The closest conservative target is 956 and 2nd target would be 975 which is also the previous peak.
Timeline for it is 4 days i.e. 11 June
The stock also looks set to touch the 1000 mark again but would take its time.






















