Stock of the day : HCL Technologies Ltd� For Target Rs. 1680

2025-05-09 11:38:37 am | Source: Religare Broking Ltd

Stock of the day : HCL Technologies Ltd� For Target Rs. 1680 - Religare Broking Ltd

News By Tags | #HCLTechnologiesLtd #ITSector #TradingReport #ReligareBrokingLtd

HCL Technologies Ltd

Buy HCL Technologies Ltd CMP 1580.70 Range 1578-1582 SL 1530 Target 1680

* The IT pack is showing notable resilience against the boarder market volatility, with Hcltech maintaining the similar structure.

* The stock has formed a small base above its short term moving average and gap support.

* The recent recovery after retesting its 200 WEMA resulted into a descending trendline breakout, adding further confirmation to the positive bias.

* Traders can consider longs in the mentioned range.

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Stock of the day : HCL Technologies Ltd� For Target Rs. 1680 - Religare Broking Ltd

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