DAILY FINANCIAL WISDOM: The vast majority of traders don't see the market as it is, but see it as they want it to be...
technical analysis on chart and i am sure for this idea.
WIPRO BUYBACK is there. INFY BUYBACK is there. Investor Sentiments are bullish. So, it's a nice buy. SHORT 31AUG 820 PE @ 0.85 = 595 INR -1.70% in one day SHORT 28SEP 840 PE @ 14.50 (but lets wait for tomorrow's candle). If confirmation candle appears, then short it or GO LONG on FUT
SHORT 31AUG 820 PE @ 0.85 = 595 INR in one day SHORT 28SEP 840 PE @ 14.50 (but lets wait for tomorrow's candle). If confirmation candle appears, then short it or GO LONG on FUT
Back to support currently. May wait for reversal and go LONG. Aggressive setup - buy FUT Conservative - SHORT 820 PE
DAILY FINANCIAL WISDOM: Markets are NEVER wrong, only opinions are..
DAILY FINANCIAL WISDOM: The vast majority of traders don't see the market as it is, but see it as they want it to be...
MARKET ANALYSIS: The pair has reached the channel support zone. If the zone holds on we can expect a high impulse towards the channel resistance. So lets wait and see what the market does in the coming days. Cheers!
Bearish AB = CD in HCL ; Short below 854 for Target of 840 with Stop of 866
DAILY FINANCIAL WISDOM: Trading is a discipline where one must be ever diligent. There are no finish lines, no graduation ceremonies.
Monthly demand in control, too low in the monthly supply and demand range. Weekly ranging between two opposing imbalances. Since monthly demand is in control and uptrending, longs at daily demand zones. That long happened already at 760. Daily Demand tested twice and playing out. Waiting for new areas of demand to go long on HCL Technologies, or lower around 759...
HCLTECH MAKE CUP & HANDLE pattern buy above channel breakout 798 (fib. retrace. 61.80%) stop loss 774 which is below 50% retrace and 34 EMA 1ST TGT 852, 894 AND 945 LONG TERM CALL
Hcl Tech Seems Bottomed out. 3 White (Japan) Soldiers in candle pattern (Marked Rectangle). One can buy at channel breakout above 780+ if Volume supports. RSI now at 54.
TRADE ON YOUR OWN RISK
HCLTech formed a double bottom & took support @720. One can go long at 750 with a SL of 720 and a target of 840.