#HCLTECH: Higher odds of moving towards ATH
HCLTECH took good support at it´s previous highs ~900, and in fact made a double bottom over there. The Jan - April downward movement of the overall market also had little pressure towards the downside.
Trading near the confluence of 2 trendlines, and taking support consistently above the upward trendline, the odds of hitting the previous ATH ~1360 and making fresh ATH is higher.
Trading near the confluence of 2 trendlines, and taking support consistently above the upward trendline, the odds of hitting the previous ATH ~1360 and making fresh ATH is higher.
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