HCL TECH
HCLTECH seems to be in distribution phase for almost 3 months. Stock is in down trend forming subwave 2. Yesterday stock broke down the short term support line.Below 754 stock looks weak. One can go short below 754 for targets of 720/680 with SL at 783.
HCLTECH seems to be in distribution phase for almost 3 months. Stock is in down trend forming subwave 2. Yesterday stock broke down the short term support line.Below 754 stock looks weak. One can go short below 754 for targets of 720/680 with SL at 783.
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