2025-12-24 10:36:35 am | Source: Religare Broking Ltd
Stock of the day : HCL Technologies Ltd by Target Rs. 1775 - Religare Broking Ltd
HCL Technologies Ltd
Buy HCL Technologies Ltd CMP 1679.90 Range 1675-1680 SL 1630 Target 1775
* We are witnessing improving traction in the IT counters, and HCLTECH is moving in line with the trend.
* After emerging from a corrective phase, the stock has shown resilience by consistently trading above its 20-day EMA.
* It has formed a fresh pivot resembling a flag formation, which suggests continuation of the ongoing up move.
* Given the favorable sectoral backdrop and positive chart structure, traders may consider going long in HCLTECH within the mentioned range.
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