Buy HCL Technologies Ltd For Target Rs.1155 - Religare Broking
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Derivative Ideas
HCLTECH gained 3.04% and closed at 1132.8 on 1st Feb. The stock has seen a good correction along with its pack. After taking the support at 1070 level, the stock gave a good upmove. Now closing above its 100 EMA with fresh Longs added in its FUT, the counter is poised to test its resistance at 1165. We recommend to go Long in HCLTECH.
Strategy:- BUY HCLTECH @ 1118-1124, SLOSS AT 1100, TRGT 1155.
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