HCL TECH - Trade Setup (Monday)

2021년 5월 21일

The stock is in consolidation phase, where a swing trade setup is been spotted on the daily chart.
The price action firstly made a double bottom on the previous support indicating buyers strong hold on that price range, indicative of buyers buying at support again to swing the prices up. Hence providing a low risk swing trade setup on daily chart.

T1- 950 I SL - 920 I Duration: 1-3 days

T2 - 970 SL - It may vary depending on the correction once T1 is achieved

T3 - 990 I SL - It may vary depending on the correction that will happen once T2 is achieved


HCL Future Trading:
1 Lot - 700
Margin - 1.5 Lac
T1 - Profit 14K (10%)
SL - Loss 7K (5%)

2021년 5월 26일

노트

Today, price action almost touched 950 (T1) now traders who are in the trade setup for T2, shall move up the stoploss from 920 to 930 levels.

2021년 6월 8일

거래청산: 타겟 닿음

Target 2 reached

2021년 6월 8일

노트

Swing Traders can book partial profits and continue for T3 with change in SL at 950.