HCL tech at 31 July 2020
HCL has given a great breakout as expected with good earning report it sky rocketed ...
For some time the stock is in consolidation mode ===> also overbought mfi multiple times
Major Resistance 720
Major Support 690
these two are to be watch and closing in atleast hourly or 4h important ...
not expecting Resistance to break ---> personally expecting a breakdown ( retracement ) till 660 zone
Option Strategy -> no such good strategy comes in mind ...
For some time the stock is in consolidation mode ===> also overbought mfi multiple times
Major Resistance 720
Major Support 690
these two are to be watch and closing in atleast hourly or 4h important ...
not expecting Resistance to break ---> personally expecting a breakdown ( retracement ) till 660 zone
Option Strategy -> no such good strategy comes in mind ...
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