Stock of the day : HCL Technologies Ltd For Target Rs. 1770 - Religare Broking
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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
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SEBI Registration number is INZ000174330
