2025-06-12 11:01:43 am | Source: Religare Broking
Stock of the day : HCL TECH Ltd For Target Rs. 1830 - Religare Broking Ltd
HCL TECH Ltd
Buy GAIL Ltd CMP 1721.90 Range 1718-1723 SL 1665 Target 1830
* Renewed buying interest is observed across IT sector with HCLTECH leading the momentum.
* The stock has broken out from a small symmetrical triangle pattern, indicating a bullish continuation supported by a notable rise in volumes.
* Technical analysis suggests the stock has completed its six-month corrective phase and is poised to initiate an uptrend, reinforced by sector strength.
* Considering the current price action and positive momentum, investors may consider accumulating shares within the recommended price range.
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