Stock of the day : Buy HCL Tech Ltd For Target Rs.1190

23/05/2023 11:20:42 AM | Source: Religare Broking Ltd

Stock of the day : Buy HCL Tech Ltd For Target Rs.1190 - Religare Broking

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HCLTECH LTD

* Seeing a steady rebound in the IT pack. HCL Tech is among the best-performing names within IT majors.

* Rebounding gradually after retesting the major support around 1020 levels.

* Formed a fresh buying pivot around the support zone of short term moving average.

* We thus recommend creating fresh longs in the mentioned range.

Buy HCLTECH LTD CMP 1119.85 ; Range 1115-1125; SL 1088; Target 1190

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Stock of the day : Buy HCL Tech Ltd For Target Rs.1190 - Religare Broking

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