HCL-Tech

Breaks out from 6 week consolidation. Has good volume at beginning of the week itself, records all time high. Short, medium and long term moving average crossover. Formation of bullish engulfing on previous week candle. If this week close is higher than parallel channel then stock has potential to record even higher in coming months.

Company has given statement that positive news about the upcoming revenue growth. Company have strong financial background too.

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