Disclaimer: Set-up shown here is only for educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted...
HCL Tech Kumo Break Out.
Future Kumo Positive.
Chikou Span not yet Free but price action can go up.
Short Moving Averages moving up to cross Long Moving Average.
SL - 1076
Can fill the Gap till 1123.
Catch
Price 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 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
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...
