HCL Technologies - Daily - Long- 50 SMA about to cross 200 SMA

11 de out. de 2016

HCLTECH

Good opportunity to go Long

50 SMA is about to Cross 200 SMA. For many traders crossing of SMA is a trigger to go long or to go short.

I have never traded crossing of SMA's. However this setup will give an idea how market reacts to crossing of
SMA's in next few days

Stop Loss: 784.58

Target 1: 853.09.

Target 2: can be decided after considering the move of the market in next few days.
****For Educational Purposes only****

26 de jan. de 2017

Trade fechado: stop atingido

S/L was hit