30-10-2023 10:27 AM | Source: Religare Broking Ltd
Stock of the day : HCL Technologies Ltd For Target Rs.1,355 - Religare Broking Ltd
HCL Technologies Ltd
* HCLTECH has been in steady uptrend from last more than 12 months. forming series of Higher highs and higher lows.
* Its has formed a fresh buying pivot while hold in above its short term moving average on the weekly chart.
* Price action coupled with supportive volumes indicates the resumption of its prior uptrend.
* We thus recommend creating fresh longs in the mentioned zone.
BUY HCL Technologies Ltd CMP 1268.70; Range 1265-1270; SL 1225; Target 1355
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