19-08-2024 11:35 AM | Source: Religare Broking
Stock of the day : HCL Technologies Ltd For Target Rs. 1770 - Religare Broking

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

HCL Technologies Ltd

* We are seeing noticeable traction in the IT pack and HCLTECH is also holding strong.

* The stock has been in a steady uptrend from last few months after it rebounded from the neckline of its previous resistance zone.

* It has also registered a breakout from cup and handle pattern on daily chart suggesting renewed buying interest.

* We thus recommend creating fresh longs in the mentioned range.

 

Buy HCL Technologies Ltd CMP 1668.25 Range 1665-1670 SL 1620 Target 1770

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer