After fall of around 20% , downswing in HCLTech seems to be over. I think it is time to cover short and initiate fresh long position.
HCLTECH is at demand zone, can be accumulated between 1300 to 1330 for short term target of 1440
Tech company showing some investors interest after smart fall. Hcl would be good and safe investment out of them. It is showing a formation of Rounding bottom and now Retesting the base line after breakout and rally of 20%. Now do start investing and accumulation at this level for the target of 1700/1800/1900. Healthy averaging would be considered at...
this is my personal view hcl tech stock previously formed rounding pattern and breakout . Now it has retest clearly.
HCLTECH is approaching demand zone which has a confluence with 50% of Fibonacci. Time to go long.
Possibility of a double bottom at 1300 seems likely... Looks good to accumulate in small quantities with a stop below 1250 Likely to bounce till 1460. Upon further consolidation, can head higher to 1600+ lvls
Buy HCLTECH at 1350 and all dips Target1 - 1510 Target2 - 1690 Target3 - 1960 (if closing above 1690) Disclaimer :- I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions
Elliott Wave Analysis of HCLTECH In this analysis, we will examine the Elliott Wave count of HCL Technologies Limited (HCLTECH) and provide insights into the current wave structure on various time frames. This is purely for educational purposes and should not be taken as investment advice. Monthly Time Frame: Bigger Wave I and II: HCLTECH has completed its...
Here are some pointers for HCL: - HCL recently broke its range and the final resistance trendline. - The breakout was quite close to a resistance zone. A bearish engulfing prompted selling, but retest and continuation potential remains. - A retest candle with a long lower wick signifies bullish sentiment. Notice the price sustained over the trendline. - Your...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
It seems HCL is near its short term bottom. It has already gone down by around 15% from its last high. I see maximum 3-4% downside after which it should start its upswing again. Should we buy tomorrow or wait for couple of days more and take long position on Monday? Please share your views.
HCL TECHNOLOGIES LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1610+. ✅Can Go Long in this Stock by placing a stop loss below 1530-.
Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)
This stock is now in consolidation we have a strong support lies lies at 1580 range... we have a rally base rally chance in this stock. if price manipulation happens...to downside price distribution will observe to topside as well. indicating bullishness in this stock price. keep in long side from support levels. case1:: case 2:: case 3::
FOLLOWING THIS TRENDLINE IN DAILY AND 4HR CHART you can target for intraday trade and swing bet also. As IT is in flaour
Time for this stock to move a bit high now. Once the resistance is broken I will double my investment around 1130 ish. Wish me luck :)
HCL TECHNOLOGIES LTD Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Uptrend Channel Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1660+. ✅Can Go Long in this stock by placing a stop loss below 1595-.
HCLTech Result view cmp 1224 trading at daily support upper side 1275 - 1285 High possibilities to break 52week high positionally