Stock of the day : HCL Technologies Ltd For Target Rs.1925 - Religare Broking
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HCL Technologies Ltd
* HCLTECH has kept its positive trend intact. Higher-highs and lower-lows are formed.
* Stock is seen with a steady uptrend; stock has tested its short-term moving averages and bounced back, forming a bullish engulfing.
* Strong setup with fresh big bullish reversal could lead to further follow-on upside.
* Traders are recommended to participate keeping longs in HCLTECH, the most resilient pick from the IT space, by accumulating in the mentioned range.
Buy HCL Technologies Ltd CMP 1844.9 Range 1840-1845 SL 1798 Target 1925
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SEBI Registration number is INZ000174330
