jatin_agarwal

HCL Tech breakdown

Corto
NSE:HCLTECH   HCL TECHNOLOGIES
There has been a massive breakdown on the charts of HCL Tech and this comes with other IT stocks correcting as well. The support of 1100 has been broken with a gap down and one needs to be careful in this script. While I believe a bottom was made a few months back in IT, this does not mean that IT stocks will rally and outperform. I maintain my view that time wise correction remains in IT.

Jatin Agarwal
Founder and CIO at MoneyCraft (SEBI RIA)
Creator at The Bull of Dalal Street (YouTube Channel)
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