HCLTECH head & shoulder pattern possible breakout

24 мая

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.


DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.

24 мая

Заметка

Still not active. Should hold one day above 1360 mark.

16 июн.

Заметка

ready for 1700. Mark my words.

18 июн.

Заметка

target2 done. going ahead smoothly.

21 июн.

Заметка

It should stick above 1450 then it can go further up.

25 июн.

Сделка активна

Always bullish above 1440.

13 июл.

Заметка

Good bounce from 1360. Now above 1560 it will be active only otherwise it should consolidate here.

28 авг.

Заметка

There you go. full target hit.

29 авг.

Заметка

waiting on the higher level for next jump.

15 сент.

Сделка закрыта: достигнута тейк-профит цена

all targets done in this stock.