hcl techwe can short hcl tech if it breakdowns 965 with big candle and retest 965 we can buy 900 puts for hcl tech
HCL
HCL Breakout, go longHello guys , the market seems to have made a bottom so now lets go for longs, do your own analysis also.
HCL made a H&S pattern
Broke counter trend-line
Gave a symmetrical triangle breakout
IT sector is strong
Wipro already running like black horse
Buy near 1200
Targets mentioned in the chart.
RSI looks bullish
MACD is above signal line
Hcl Technologies support level1067 gonna be its first support , second support could be trend line from jan21, and third support 891.
Trend Setup of HCL with Elliote Wave You will find me on my bio
Stocks Might Bearish Below 574 for Target Toward 550-5640-520.
Thanks
HCL TECH near to rectangle breakout - Very Bullish - Level#HCLTECH is moving under rectangle box and near to upper breakout. Today stock gain Volume more then 20VMA. Stock is moving above 200SMA and 200EMA both.
Showing Bullish in all indicator:
Increase in Relative strength - Benchmark Index
CCI above +100
RSI is trending UP
MFI is trending UP
ROC is trending UP
Stoch in overbought
MACD crossed above signal line
Aggresive New Long
Making Higher High since 3 day
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Support : 570 and 546
Breakdown : 580
CMP : 592
Breakout : 600
Short Target : 614 and 623
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(Disclaimer: This is only for educational purpose.)
