HCLTECH trade ideas
HCLTech looks good for long termThis is an advance trade. Wait for the setup to unfold and do not rush. Buy at suggested levels.
We are looking at a return of over 20-25% in 3-6 months, only if the buying is at the level advised and SL is respected.
I will be happy to answer any queries.
Hope is not a strategy, so use common sense!
HCL TECH HCL TECH is making H&S ...if this H&S will complete then there will be breakdown....to 1220............
HCLTECH, time to shortStock standing on support can short below support zone with SL above support zone.
HCL TECHHCL technologies is looking bullish . Currently on a breakout zone , One can look for a swing trade for sort term basis .
Buy Setup with Good Risk/Reward Buy HCLTECH@Market 1195-98 SL 1150 Target open.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Channel breakoutHCL was moving in a channel for sometime...breakout happened a few days ago and target 1 done...this is a large cap and has not moved up like TCS or Tech Mahindra ( recently it has moved significantly)..maybe it just might. Keep watching. Do your own research, this is an idea
HCL TECH BROKE ITS ALL TIME HIGH LOOKING VERY BULLISHIn Previous Market Session the HCL tech gave very powerful breakout breaking its all time high. We might say it is ready for its next bull run. The trend is clearly uptrend. we migth see a good bull rally in HCL TECH.
HCLTECH - Breakout - good for long termHCLTech Breakout after 8 months after ups and downs with in the range.
Backing up with reasonable volumes week and week, can be considered for long term investment.
Above analysis is my perception - and do your own analysis before investment
HCL Tech Buying viewHCL Breakout done in day chart and is bullish for coming days.... The target is mentioned in chart
ATH after 8months consolidationsgood price movement after 8 months consolidations, new ATH possible.
HCL Tech break out!!!This is HCL 1D chat. the stock has been trading in triangle pattern and finally given break out. it might be an opportunity to go long (green line ) or there can be momentum loss also (red line).
In my opinion the stock deserve to bet upon.
and you guys can take trade as per your risk apatite.
Thanks,
Ibran Ansari.
HCL TECHAdd in your watchlist. Trading in resistance zone, wait for Breakout once done decent upmove accepted.
HCL Tech Weekly Tf- Fake BO few days ago, retailers trapped.
-Again BO, in fear, we have observed profit booking i.e retesting support line.
-According to TA, Double bottom formation.
-NIFTY IT at resistance.
-With any push in IT sector, HCL may be the stock of month.
-My fancy target as per risk appetite:
1111/1122/1133/1144++
Educational Purposes only.
HCLTECH Swing tradeThis stock is good for swing trade at this point resistance and support is marked on chart feel free to correct me if I am wrong
Price Wise CorrectionThis is taking for my own reference.
I think that the price will go up for short term.
HCL TECH clean breakoutFor educational purpose only .
can go long as it is clean breakout from the levels.
HCL Technologies Short Term ReversalThe stock has reached lower trend line and took support and is ready for a reversal rally. Trade is supported by brokerage calls and major supports before SL levels. Target is placed near all time high with a risk reward ratio of 1:1.
HCLTECH - Cup & Handle Breakout - New Life-time high possible?The above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Buy Hcl TechThis beautiful stock came up on 7/6/21 on my charts. I bought it positionally for 1000. However, it again gave breakout and I revised the target for 1060 on 25/6/21. Today again it has given Breakout on Daily charts. Do not sell at 1060 as my targets are 1071, 1184,1364 and 1546 for long term. I will review this stock once it closes above 1071 and give my next view. Its a very good fundamental stock with nice technical breakout so worth investing in it. Keep a SL around 1010 daily closing basis and take your position.
View - Medium - log term. 1 Year plus.
