[Positional] HCLTECH Long Idea

17 Ağu 2022

HCLTECH has been trading in the narrow channel range from almost last 6 months. The Channel was a descending channel. HCLTECH Was trying to break the channel from last few days- it was trading very little above the edge of the channel. Today HCLTECH has convincingly broken the channel.

Once can LONG HCL with below details:-

Entry:- 980-982 (Trade can be taken now)

SL:- 913 (Ideally the SL should have been placed at 880-881 range i.e. the channel low, but am placing the SL at the mid of channel)

Target:-
T1- 1053
T2- 1116
T3- 1213

Target can be achieved within next 4-6 months.

Cheers,
Santosh

17 Ağu 2022

İşlem aktif

7 Eyl 2022

İşlem kapandı: durdurma seviyesi

Closing as SL reached