hcltechafter a positive q2 results hcltech is touched new high and most securities and broking on positive on hcltech. and also we can see a inverse H&S shoulder so 1920 is my target only for educational purpose.
Hcltechnologies
HCL technologies for July 2024 current week There's support zone and trendline coming from bottom if price cross the zone then ride it .
HCLTECH--Rally base rally or Manipulation
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::
BULLISH ENGULFING IN HCLTECHBullish engulfing with volumes in DailyTF
Formed at Breakout Retest Zone.
Trade Execution and Target on Chart
Idea Invalid below 1230
HCLTECH--Channel Breakdown??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...
HCL TECHNOLOGIES Buy IdeaAs 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.
HCLTECH--Retested Trendline ??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.
HCLTECH--Near it's Demand zone??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 test soon before falling again from this zone...
HCLTECH--Facing Resistance in this zone @1155 ??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 taken the support from 1105 zone.
price has taken the support from this zone multiple times.
If price breaks this zone @1125 range, look for sell @1132 for target of bottom side bullish gap.
keep 1st target @1115 ,rest at cost to cost.
HCLTECH--1155 Or 1110Observations::
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, recently price moved from this level with strong consolidation.
Fake breakout may happens at 1155 zone, keep track this levels.
HCLTECH--Good to sell @1100-1120 zone??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.
Symmetrical TriangleHCL Technologies has formed symmetrical triangle pattern it is good buy around marked demand and sell on supply/stop loss area levels on closing basis. Let's see
HCL TechnologiesHCL Technologies- We could see there is Double bottom formed, 1st Target 980 and Next target 1040+ as Marked in the chart.
Disc- Only for Learning Purpose not a trading recommendation.
Best buy zones for #Bottomfishing in #HCLTechnologies Good Buy Zone: 950 - 1073
Best Buy Zone: 805 - 950
Add on bounce, not while it is falling.
Long Term Portfolio Stock.
Tracking Quantity can be taken at CMP. (Tracking Quantity : Suppose you want to Invest Rs.X in a particular stock. The amount between Rs.X/5 or Rs.X/10 would be tracking quantity) (‘Tracking Quantity’ of a stock in your portfolio will help you keep a track of the stock if it is coming in the indicated buying zones.)(Sometimes Out of sight goes out of mind so buying tracking quantity of stocks that you want to add in future helps.)
HCLTECH LONGHcltech bounced back from a huge support zone. Tracking this stock from few days back but forgot to update it..
Still good time to enter this stock with decent returns.
Trade safe. Manage risk. Be profitable.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
HCL TECHHcl Tech can be expecting big player for upcoming sessions. As structure is looking strong little bit. Let's see...
HCLTECH - Long view - Educational purpose onlyThe price has fallen from a level of 1377 forming a bearish flag pattern on the daily time frame and has reached the lows of 1090.
From here we should see an upward movement which has already been shown today, however look for entry opportunities above 1149 for a target of 1338.
Maintain strict stop loss due to volatility in the market.
ENTRY 1148
STOP LOSS 1122
TARGET 1338
PROFIT 7308
LOSS 1000
QUANTITY 38
On the lower side you can go short below 1120
ENTRY 1120
STOP LOSS 1130
TARGET 1062
PROFIT 5800
LOSS 1000
QUANTITY 100
Kindly use this for study purpose only
Hcl Technologies support level1067 gonna be its first support , second support could be trend line from jan21, and third support 891.
HCLTECH - Monthly NEoWaveHCLTECH is about to finish it's 5 wave moves, and almst ready for correction, This correction will take minimum of 2 years to end, minimum estimated date is 3rd Arp 2023.
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!
