[Positional] HCLTECH Long Idea
HCLTECH has been trading in the narrow channel range from almost last 6 months. The Channel was a descending channel. HCLTECH Was trying to break the channel from last few days- it was trading very little above the edge of the channel. Today HCLTECH has convincingly broken the channel.
Once can LONG HCL with below details:-
Entry:- 980-982 (Trade can be taken now)
SL:- 913 (Ideally the SL should have been placed at 880-881 range i.e. the channel low, but am placing the SL at the mid of channel)
Target:-
T1- 1053
T2- 1116
T3- 1213
Target can be achieved within next 4-6 months.
Cheers,
Santosh
Once can LONG HCL with below details:-
Entry:- 980-982 (Trade can be taken now)
SL:- 913 (Ideally the SL should have been placed at 880-881 range i.e. the channel low, but am placing the SL at the mid of channel)
Target:-
T1- 1053
T2- 1116
T3- 1213
Target can be achieved within next 4-6 months.
Cheers,
Santosh
Transaction en cours
Trade fermée: ordre d’arrêt atteint
Closing as SL reached
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.