HCL Technologies Ltd - Trendline Support + Just a View

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πŸ“Š Script: HCLTECH (HCL TECHNOLOGIES LIMITED)
πŸ“Š Nifty50 Stock: YES
πŸ“Š Sectoral Index: NIFTY IT / NIFTY 500
πŸ“Š Sector: Information Technology
πŸ“Š Industry: Computers - Software & Consulting

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading near at its support level which is around 897.
πŸ“ˆ RSI is nearby to its Oversold zone.
πŸ“ˆ script may bounce back from its support level keep an eye on it.
πŸ“ˆ Fundamentals are also strong, one can buy on dips for long term.
πŸ“ˆ if it start moving upward first target will be 990 , Always maintain your Risk & Reward Ratio.

⏱️ C.M.P πŸ“‘πŸ’°- 895
🟒 Target πŸŽ―πŸ† - 990

⚠️ Important: Always maintain your Risk & Reward Ratio.

⚠️ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚

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