HCLTECH head & shoulder pattern possible breakout

Actualizado
Good rounding bottom inverted H&S pattern in HCLTECH weekly timeframe. Above 1360 it will start giving good rally. Focus on this for next couple of months this can give good returns. News can trigger this move. And positive news already there today.

Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.


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Nota
Still not active. Should hold one day above 1360 mark.
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ready for 1700. Mark my words.
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target2 done. going ahead smoothly.
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It should stick above 1450 then it can go further up.
Operación activa
Always bullish above 1440.
Nota
Good bounce from 1360. Now above 1560 it will be active only otherwise it should consolidate here.
Nota
There you go. full target hit.
Nota
waiting on the higher level for next jump.
Operación cerrada: objetivo alcanzado
all targets done in this stock.
Head and ShouldersTrend AnalysisWave Analysis

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