11-11-2024 11:03 AM | Source: Religare Broking Ltd
Stock of the day : HCL Technologies Ltd For Target Rs. 1910 - Religare Broking

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

HCL Technologies Ltd

* Among the most resilient sector i.e., IT, HCLTECH is inline with its rigid setup which denotes positive trend.

* Stock is trading above its moving averages and rising higher with higher-highs and higher lows.

* After mild correction from record highs, Stock took support and has bounced from its 50EMA.

* Verdict: Stock is in steady uptrend

* Traders are recommended to rely on the reversal keeping 50EMA as eminent support.

Buy HCL Technologies Ltd CMP 1834.1 Range 1830-1835 SL 1795 Target 1910

 

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