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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.