Powered by: Motilal Oswal
2024-11-11 11:03:26 am | Source: Religare Broking Ltd
Stock of the day : HCL Technologies Ltd For Target Rs. 1910 - Religare Broking

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

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