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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

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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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