HCLTECH INTRADAY AND BTST TECHNICAL VIEW
-SHORT HCLTECH ON BREAK OF TRENDLINE
Long term survival is a more important thing to consider in trading than short term profitability
THERE SEEMS TO BE SMALL SUPPORT AT 715, IF IT HOLD THEN CAN HIT 724 AND 729 ELSE CAN LEAD TO 712 705 AND 700 ****************************************************************************************************************************************************************** Hi all, Its pleasure to have you all here. I have started putting these charts as a...
Bearish harmonic pattern formation,,
HCL: Buying opportunity on weekly charts. RSI and RS are showing strength and price is moving in a channel. Good chance to go long.
HCL Tech has been consolidating in a range and is forming a potential triangle. The stock has also formed a Bearish Divergence between the price and the RSI Indicator.(While the price has been making similar highs, the RSI has been forming lower highs). The stock is still away from it's Support and Resistance areas but looking at the current market scenario, it...
HCL Tech, Looks weak now at 710, as RSI going downward still the price going up This is a perfect short candidate with SL 730, Target 680 (adjust futures premium rates accordingly and observe the move ahead) Use this as for learning purpose only.
DAILY FINANCIAL WISDOM: True discretionary trading is not based on emotions nor spur of the moment decisions. It's based on experience and insight.
WHAT TYPE OF PATTERN THIS IS? SEE ALL MY CHARTS IF THEY ARE A KNOWLEDGE SEEKERS OPPORTUNITIES THEN LIKE MY CHARTS BECAUSE THEY ONLY ARE THE MOTIVATION FOR KNOWLEDGE HUNTERS.
HCL After major Breakout now conlidation is going on Once Breaks above 720 we can expect some strong rally towards 780 & 840 levels in short term.
RECORD HIGH RATES, BE CAUSTIOUS, BEWARE OF BEARS FOR EVERY BULL. MARKET EXPECT TO CORRECT THE STATEMENT BY RBI GOVERNOR ON SATURDAY NIGHT. MY SINCERE THANKS TO: TRADING PANTHULU, ACHARYA DEVO BHAVA.
Consolidating from the last 3 day ,We saw Multiple Rejections from support level and TL resistance as encircled, Let's see how the market reacts. It will be a good bull run if it breaks 716 Levels.
Ascending Channel Buy levels: 658, 647 Invalidation level: 625
After the Golden Crossover, the stock kept climbing and then moved in a 'Parallel Channel' while also forming a 'Flag' . Yesterday's candle was a breakout with good Volume. Today the close above the resistance has confirmed the strength.