After the massive fall from 1108 levels, HCL Technologies 
HCLTECH managed to pull back to 934 levels but faced a stiff resistance in the 934-944 zone.
I can see that the price faced strong rejection at 38.2% retracement of the previous downmove forming a large bearish engulfing candle.
Good opportunity to short here for a target around 880 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
HCLTECH managed to pull back to 934 levels but faced a stiff resistance in the 934-944 zone.I can see that the price faced strong rejection at 38.2% retracement of the previous downmove forming a large bearish engulfing candle.
Good opportunity to short here for a target around 880 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。