HCL TECHNOLOGIES - LONG

New Breakout Trade Idea
Action - BUY - Positional
Script - HCL TECHNOLOGIES
LTP ~ INR 890/-
Flat Base Breakout at INR 910.70/-
Profit Target Goal ~ INR 1050/-
Stop Loss ~ INR 850/- Closing Below
ROI ~ 18% Long Term
RRR ~ 4.00:1.00
MACD ~ 14.1 Above Signal
RSI ~ 64.1 Mid-Range
PE Trailing 12M ~19.84 Industry P/E ~ 29.03
ROE ~ 21.53% ROCE ~ 29.85%
P/B~ 4.22
Moving Averages: - Trading above 50 Day SMA since 22 days (since Nov 27, 2020)
Trading above 30 Day SMA since 22 days (since Nov 27, 2020)

Note ~ High Financial Strength, Expensive Valuation With Technically Moderately Bullish