📈 HCL Technologies: Setting Up for a Potential Bounce
CMP: ₹1,606
Stop Loss: ₹1,490
Target 1: ₹1,738
Target 2: ₹1,825
HCL Technologies is showing signs of a potential rebound, closely mirroring the NIFTY IT index. The stock has formed a base on the daily chart and recently breached a small resistance, indicating bullish momentum may follow.
💡 Why This Matters:
With April’s quarterly results around the corner, increased market activity in HCL and the broader IT sector could present an attractive short-term trading opportunity.
⚠️ Caution:
The market remains volatile—smart position sizing and strict risk management are essential.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making investment decisions.
#StockMarket #HCL #NIFTYIT #TechnicalAnalysis #TradingOpportunity
CMP: ₹1,606
Stop Loss: ₹1,490
Target 1: ₹1,738
Target 2: ₹1,825
HCL Technologies is showing signs of a potential rebound, closely mirroring the NIFTY IT index. The stock has formed a base on the daily chart and recently breached a small resistance, indicating bullish momentum may follow.
💡 Why This Matters:
With April’s quarterly results around the corner, increased market activity in HCL and the broader IT sector could present an attractive short-term trading opportunity.
⚠️ Caution:
The market remains volatile—smart position sizing and strict risk management are essential.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making investment decisions.
#StockMarket #HCL #NIFTYIT #TechnicalAnalysis #TradingOpportunity
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