HCLTECH - ASCENDING CHANNEL

HCL TECHNOLOGIES #HCLTECH

- MOVING IN AN UPWARD TRENDING CHANNEL
- FORMED AN INSIDE BAR PATTERN

INDICATORS:
RSI - ABOVE 60-LEVEL AND IS BULLISH
CVD IS POSITIVE
TT2 TREND IS BULLISH AS WELL

COMMENTS:
1. BUY ABOVE 594
SL 573
TGTS - 623/634

2. SELL BELOW 573
SL 394
TGTS 561/542/527

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.