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
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.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Indian economy poised to remain fastest-growing one ...
India-Chile economic pact to boost global value chains
Trump to double steel tariffs to 50 pc from next week
Centre directs IndiGo to end aircraft lease pact wit...
CM Naidu eyes 15 per cent economic growth for Andhra...
Strong GDP growth reinforces India`s position as fas...
Centre okays additional Rs 81,735 crore as tax devol...
Manohar Lal seeks ADB support for model projects to ...
Common compute capacity surpasses 34,000 GPUs in Ind...
Goverment succeeds in keeping fiscal deficit in chec...
