Stock of the day : HCL Technologies Ltd For Target Rs. 1910 - Religare Broking
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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
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SEBI Registration number is INZ000174330
