HCLTECH looks super bullish and can be bought as a swing trade for the upcoming 3-4 months and a target of around 15-20% can be expected given that the overall market remains bullish.
Even when Nifty IT was performing low, HCLTECH held its ground and today it has finally given a breakout from its channel pattern.
The breakout can be confirmed with volumes and the breakout from the last resistance level and further from the breakout of 50 EMA.
The trade can be sufficed as -
Entry above Rs. 980.00
Stoploss - Rs.940.00
Targets - Rs. 1068 / Rs. 1133 / Rs.1214
Even when Nifty IT was performing low, HCLTECH held its ground and today it has finally given a breakout from its channel pattern.
The breakout can be confirmed with volumes and the breakout from the last resistance level and further from the breakout of 50 EMA.
The trade can be sufficed as -
Entry above Rs. 980.00
Stoploss - Rs.940.00
Targets - Rs. 1068 / Rs. 1133 / Rs.1214
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.