HCLTRECH also consolidating near swing high into a triangle. 20 SMA has crossed over 50. Goodnight!!
The stock price has formed Bullish rounding bottom formation on the daily chart with volume rising along with the price rise. IT sector has been outperforming in the current market scenario and same is expected to continue. The stock is placed above all important moving averages. Indicators and oscillators have also been showing strength in the current uptrend....
Day chart of HCL TECH where Resistance zone is 1150 Support zone is 1010 Strong support zone is 870... If you get help from this chart then don't forget to LIKE and COMMENT.
HCL TECH : CMP 1134 SUPPORT : 1010-1030 TGT : 1215/1305 IT index is going to support the NIFTY as most IT stocks is showing similar trends, Our pick is in this segment is HCLTech CMP 1134 has good support at 1010-1030 which is 50% retracement of recent high 1149 and about to breach the high and is heading towards 52wk high 1215 and if we consider Ellliotwave then...
NSE:HCLTECH Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
HCL tech is a potential breakout candidate. Keep it on your radar!!
Hello Traders Hcltech 1 hour break out hope it is usefull
HCL TECH CMP 1043 SL below 1000 Target Open Positional bet
HCL technologies is a potential breakdown candidate. Watch out for the breakdown zone!!!
HCL Technologies has formed symmetrical triangle pattern it is good buy around marked demand and sell on supply/stop loss area levels on closing basis. Let's see
Hey guyz here is my small analysis for HCLTECH. One can take 1050 PE for December in order to get good returns
HCLTech broke the resistance of 1115 Still in overbought zone but soon all IT stocks will move.
14/10/2022 HCLTech on weekly timeframe CMP: 1002.55 Target : 1050-1090-1140 SL: 935 Information is only for study purpose
Explained in the video all the details. Should be clubbed with other indicators if more confluence needs to be build. 1200.
HCL TECH is available at good valuation among its peers. current chart indicates the script will move above all time high for the target of 1400 - 1500 - 1600