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
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.