Simple Elliot wave formation and we can clearly see that Wave C is yet to form
The trendline marked offers strong support to price and if its broken a good downward move is possible in HCL Technologies Limited. Can bounce up on trendline touch so watch closely.
Check your stops and targets before entering the Trade.
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Happy Trading !
Note
Back from My short break - so any of you guys had short positions in HCL futures ? An simple trendline break = Awesome rewards :)
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