HCL Tech: Analysis

HCL Tech is holding higher levels (forming flag patterns) of the possible parallel channel. Expecting a breakout in near future.
As of now, market sentiment is downward to sideways trade after HCL crosses any of the given levels.
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Expected buying or selling levels will be :
1) Buying pressure can be seen above 850.00 Levels.
2) Steep selling pressure can be seen below 780.00 Levels.
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Breakout with volume is to be kept an eye on.
Calculate your RR Ratio and trade accordingly. Stop loss must be below the previous swing.

Handel aktiv:

Still in range

Handel aktiv:

Breakout with good volume half quantity in.

Handel aktiv:

Good profit in progress.

Trade stängt: målet nått:

@ 900.00 Levels.