Previous targets are achieved, now time for the some next one's.
As of now the HCLTECH has a good news with a real good earning this quarter, lot of positivity, as the brokers also expect upto 80% move from these levels, but the patience is the key in the market. so wait for a proper reversal signal at the 50% fibo. levels , the market can retrace upto 782-792 levels and can potentially reverse from there on. so wait for a good signal formation, and take the trade accordingly
If holds the above mentioned levels then the target could be
T1- 900
T2- 960
T3- 1020.
SL- could be around 750
NOTE- do not take the trade until any clear candle formation at the fibo levels mentioned above.
As of now the HCLTECH has a good news with a real good earning this quarter, lot of positivity, as the brokers also expect upto 80% move from these levels, but the patience is the key in the market. so wait for a proper reversal signal at the 50% fibo. levels , the market can retrace upto 782-792 levels and can potentially reverse from there on. so wait for a good signal formation, and take the trade accordingly
If holds the above mentioned levels then the target could be
T1- 900
T2- 960
T3- 1020.
SL- could be around 750
NOTE- do not take the trade until any clear candle formation at the fibo levels mentioned above.