BUY HCLTECH ABOVE 972 TGT 1020 /1055 SL BELOW 925 Scrip looks fine as the dollar is strong and it is looking like it is coming out of consolidation. In the chart, yellow line depicts the resistance point and closing above which indicates buying for the upward blue lines as targets and red line as SL
HCLTECH trade ideas
HCLTECH LONG INTRADAY 19 Mar,2021Dear trader,
If u look at the chart of HCLTECH (analysis based intraday only) the HCLTECH Buy at 956 and Target at 970 and Stop loss at 946.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
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HCLTECH Go loooooooooooongAlas!!!!!!!!!!!! one more techstock identical to TECHM analysis ! So I will just copy past exact text but with HCLTECH price !
HCLTECH seems like it completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 0.382 (883 to 908) and reaching apex of triangle.
Price already broke out above triangle. Go Loooooong.
If price goes up, I will update T1 and T2.
If you are long time investor, cash out after 5 months (approximate time for completing New impulsive wave ).
Break Out - HCL-- Breaks the parallel channel and moves out from a support line. Which is now becoming Resistance -2
-- If it crosses the Resistance -1 then the next target is 1176
-- If it goes below the support -1 (900) then the next support is 800
-- Also just crossing 50 Exponential Moving Average
-- Golden crossover
"NSE:HCLTECH" - "SELL" signal 15 min Chart (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "NSE:HCLTECH".
-"NSE:HCLTECH" 15 min Chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min Chart of "NSE:HCLTECH" .It means "NSE:HCLTECH" can go down.
-Solved Signal 1 uses "NSE:HCLTECH" Price data for Solving the Market(See description of Indicator).
-Like and Comment NSE:HCLTECH NSE:NIFTY BSE:SENSEX