After a strong breakout from trendline price tested trendline and resistance , again turned to be bearish by breaking the channel again... if retest tomorrow price retest to the channel , will looking for short side...
As per my analysis, NSE:HCLTECH has given a breakout of downward trendline. Now there could be a buy opportunity if price retest level of 1160 with stop loss of 1125 (-35 points risk). My expected upside target would be 1180 (+20) and 1202 (+42). Note: This is my personal analysis, only to learn stock market behavior. Thanks.
NSE: HCLTECH is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain...
price broken the trendline strongly and now it tested the trendline.... if price fall or continue move upwards.... will looking for short entry....Will update once it is reversed.
Observations:: This stock is in uptrend...now its near demand..look for buy. A strong bullish momentum is observed from this zone...1180 it has taken support from this zone multiple times... now again it is at the same zone.... look for buy side... weak momentum to the bottom side is also observed. if we see a strong fall is observed from this zone 1196... it will...
Observations:: ---The stock price is again facing resistance from this zone @1155 multiple times. if price breaks this range on top we have targets at 1163 and 1180, in this zone price has consolidation to fall is happen. keep track this levels. --->> if price breaks this we have next resistance @1200 range. if we in 1hr time frame, its still in bullish. price...
Observations:: After a strong fall from resistance price slowly reached the resistance again and starts falling. we have demand zone in the range 1105, price will test that demand zone, initially look for buy @1105 level,for 1130 range only. if another demand zone @1135 resist price fall is more,and will reach the bottom zones at 1070 levels. Keep track this levels...
Buying HCLTECH at the open on coming Monday with SL and TP as displayed in the chart.
Observations:: 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,...
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.
Hello Traders Hcltech 1 hour break out hope it is usefull
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 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.
HCL 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...
HCL TECHNOLOGIES going up 🚀 1st Target ₹1176 2nd Target ₹1212 Note : This is just for Backtesting and Educational Purpose Only.
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, it should go sideways to positive for next 24-25 sessions.
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...