HCL TECHforming ascending triangle + double bottom on weekly TF. and IT sector looks good for investment at this point of time ..good pick for medium to lomg term
HCLTECH trade ideas
HCLTECH Long IdeaBuying HCLTECH at the open on coming Monday with SL and TP as displayed in the chart.
HCLTECH--1155 Or 1110Observations::
clearly the stock is trending upwards,
previous resistance @1150 is acting as resistance again.
previous resistance @1110 level, broken strongly. if this again acts as support price again bullish.
If price is failed to create a new HH and breaks 1125 zone,
go for selling up to 1110 with a retest or pullback.
previous resistance may acts as support, recently price moved from this level with strong consolidation.
Fake breakout may happens at 1155 zone, keep track this levels.
HCLTECH
Make falling wedge chart pattern in 4 hour time fram , RSI and MACD saw fair value , 50 cross 100 EMA from below also take support of 50 EMA , make retest at breakout level so first Target will be 1157 and stop loss will be 1093.15
This is for educational purpose not a trading advice so that's my view comment down your view.
HCLTECH--Good to sell @1100-1120 zone??Observations:
---->> trending upwards.
----->> we have a trendline support as well.
------->>Keep track this level @1120 will again push the price to lower levels.
------>> previous support level @1070 level holds again it will turn to bullish up to 1150 range.
HCLTECH - Weekly AnalysisIn the Weekly Chart of HCLTECH ,
we can see that, after the failure of Cup & Handle, it is now ready for up move.
it has given W Pattern breakout.
Let it retest and then Enter with SL. and Go Long.
HCLTECH 📈Hcltech going to. " 1year sbi fd returns ". in 1 months
Buy and hold
all moving averages cross and head and solider pattern breakout and channel patten breakout
Hcltech going to moon
HCLTECH | Swing Long | R/R = 6> This will be a slow mover. Any stock which retraces so much will usually move slow
> one of the strongest IT stock (technically) and part of NiftyIT index
> This will inevitably depend on the IT & Nasdaq index.
Note: InvestIn10 would ride this till Momentum exists. The Target & SL are for Swing Investors only.
INTRADAY IDEA ON 13-04-2023in hcl we see a pennat pattren an will sort and long trade in it, after the retest of breakout and breakdown, this content is basically uploaded for learning and educational purposes only.
HCL TECH Here are the levels for the HCL tech stock for swing trades. price formed a inverted head and shoulders we can take the trade once the neckline is break and on the retest w e can enter with the volumes confirmation. here the stock is in downtrend so take the profit at 1150 level.
TIP: always buy the at low and sell at high.
Here I mention only the high probability trades only. as intraday trader you can have multiple entries and exits according to your setups.
DISCLAIMER: This is my own analysis and you do your own analysis before you take any trade and I am not SEBI registered and contact your financial adviser before taking any trades .I am not responsible for your profit or loss. This is only for educational purpose and learning.
comment below if you have any doubts.
HCL nearring bottom of the swing
Like Infosys, HCL Technology is also nearing its swing low. If Nifty moves up now for few days, HCL tech can be a good buy.
HCL TECHNOLOGIESHCL is ready for coming down side. The pattern in this chart indicating SELL. This is only for learning purpose. Do not trade based on this chart.
HCLTECH BREAKOUTIT INDEX is showing good momentum
hcltech is being strongest in this fall and recovery
hcltech will cup and handle breakout...its not proper but can be termed as it
cup and handle breakout
cmp1146.15
sl 1102
target 1430
another week close above 1146 will give confirmation
for shortem trading
cmp 1146
sl 1105
target 1234 1293
trend based fibonacci extension
cmp 1146
sl 1102
target 1293 ; 1448
HCL Tech Consolidating and ready to launchHCL Technologies Limited is an Indian Multinational information technology (IT) service and consulting company. Negatives of the company are declining cash from operating activity annual and MFs are decreasing stake. Positives of the company are no debt, zero promoter pledge, improving annual net profit, improving quarterly net profit, FIIs are increasing stake and Dividend Yield of the company at current Market price is 4.48%. Entry in the stock can be taken after closing above 1118. Target in the stock will be 1139 and 1158. Long term target in the company can be 1210+. Stop Loss should be maintained at a closing below 960 Monthly Closing.
HCL TECHNOLOGIES 🚀HCL TECHNOLOGIES going up 🚀
1st Target ₹1176
2nd Target ₹1212
Note : This is just for Backtesting and Educational Purpose Only.
HCLTECH in dcb.NSE:HCLTECH after 18-10-21, yesterday made 20millions + volume nearly at Support zone in dcb chart.
where price wants to head?
Downward in HCL is over in short term
Downward in HCL is over in short term, it should go sideways to positive for next 24-25 sessions.
Bearish on HCLTECHDouble top is formed on the day chart. Currently in down trend. Short if the stock falls below 1107.50
Hcl tech redy to breakout Its in consolidation high chances of breakout
Buy after breakout if u won't want risk buy after retest
Another IT setup. $HCLTECH possible upsideHCLTRECH also consolidating near swing high into a triangle. 20 SMA has crossed over 50. Goodnight!!
Is IT stocks ready to lead the NIFTY?HCL TECH : CMP 1134
SUPPORT : 1010-1030
TGT : 1215/1305
IT index is going to support the NIFTY as most IT stocks is showing similar trends, Our pick is in this segment is HCLTech CMP 1134 has good support at 1010-1030 which is 50% retracement of recent high 1149 and about to breach the high and is heading towards 52wk high 1215 and if we consider Ellliotwave then it is continuation of wave 3 which will take it to 1305 which is our final TGT.
