HCL TechPrice at the trendline and horizontal support line, with a low risk stop at yesterday low of 1070, we're buying it for an initial target of 1145, and then eventually if it is to continue with its trend, we could see 1200!
HCLTECH trade ideas
HCLTECH Might Come down to 1080-1050 levelsHCLTECH has taken resistance from trendline third time. Price also formed bearish pin bar on 4 hr chart. Expecting downside till 1070 this week with the stoploss of 1180 selling at 1155. Risk Reward more than 1:2
Short Sell HCL Tech Below 1102 There Is A Strong Support In Which HCT Tech Was Create A Low And If It Retest It Will Decline And Short Is Created
HCL Technologies
Company Info/Bio:
HCL Technologies Limited is engaged in providing a range of software development services, business process outsourcing services and information technology (IT) infrastructure services. The Company's segments include software services, infrastructure management services and business process outsourcing services. The software services segment provides application development and maintenance, enterprise application, software as a service (SAAS) application services and engineering, and research and development (R&D) services to global customers. The infrastructure management services segment involves managing customer's IT assets. The business process outsourcing services segment includes contact center and help desk services. The Company delivers its solutions across select verticals, including financial services, manufacturing, retail and consumer products, media, publishing and entertainment, public services, energy and utility, healthcare, and travel, transport and logistics.
Chart Analysis:
This is a long in the nested demand area. will be going long .
Conc : this is an expensive stock
Prop: good setup
NSE:HCLTECH Sell For 10 Dec 2018NSE:HCLTECH sell initiate for 10 Dec 2018 using 30 minutes chart based on Fibonacci levels,
check below Sell level :
Sell Below : 948.9
Stop Loss : 962
Target : 936.6
HCL TECH - DAILY - BEARISH GARTLEYWe can go short with HCL TECH
as like RR shown in the CHART because of BEARISH GARTLEY in DAILY TIME FRAME...
#HCLTECHI WILL BE LOOKING FOR A SINGLE TRADE TOMORROW BUY HCLTECH AT 1084.5 SL 1081.2 TGT1 1087.7 TGT2 1091...KINDLY DONT TRADE..JUST WATCH
Bearish SharkBearish Shark can be formed ,
We can go long from here, price can expected move towars 1100, there we can expect reversal
HCL TECH - BUY 1047/- above closing target 1108/- -
buy exit if stock closes below 1046/- for the day.
HCLTECH wait for the price to break Wait for the price to go above or below the lines mentioned ,to go for short or long ;
Can be buy at current levelintraday levels can be - SL BELOW - 991 TGT-1019
SWING Levels - SL BELOW - 976 TGT-1035
HCLTECH -BUY as per BUY2SELL2BUY indicatorBuy signal is triggered as per
one can go for long ;Refer Target and Entry using the chart signals only
