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2026-01-08 10:32:05 am | Source: Religare Broking Ltd
Stock of the day : HCL Technologies Ltd by Target Rs. 1745 - Religare Broking Ltd
Stock of the day : HCL Technologies Ltd by Target Rs. 1745 - Religare Broking Ltd

HCL Technologies Ltd

Buy HCL Technologies Ltd CMP 1647.70 Range 1644-1648 SL 1595 Target 1745

* HCLTECH continues to exhibit a constructive bullish structure, characterized by constant pattern of higher highs and higher lows, signaling trend continuation.

* The stock has shown a strong rebound from its medium-term moving average, with improving volumes validating demand at lower levels.

* Overall, the technical configuration remains supportive of further upside, as corrective declines are likely to attract fresh buying interest.

* Current levels offer a favorable setup for initiating long positions.

 

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