HCL Technologies has shown negative divergence in price, short term EMA, MACD and RSI. The price can correct up to 702 - 686 - 660.
The stock price has been trending upwards from 480 odd levels. No major correction has been seen in the stock till now. The distribution has been seen in past 3 - 4 trading sessions with confirmation of volume on the downside can see the stock correct towards 660 odd levels.
To know more about probable counts contact us back of http://fortunfin.com/contact-us.
Disclaimer: This is just an view based on the research of individual. So kindly trade along with the consultation of your financial adviser, market trends, price action and own risk appetite considered while investing or trading in stock markets.
The stock price has been trending upwards from 480 odd levels. No major correction has been seen in the stock till now. The distribution has been seen in past 3 - 4 trading sessions with confirmation of volume on the downside can see the stock correct towards 660 odd levels.
To know more about probable counts contact us back of http://fortunfin.com/contact-us.
Disclaimer: This is just an view based on the research of individual. So kindly trade along with the consultation of your financial adviser, market trends, price action and own risk appetite considered while investing or trading in stock markets.
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