As we see HCL Technologies make inverted Mountain Hill in Daily Time Frame, so there are chances for Continuation of Uptrend by the Stock. For Confirmation of the pattern we use Directional Movement Index (DMI) which tells us about the Movement of the market and also Exponential Moving Average (EMA) of 10 is above EMA of 20. In DMI it is showing that bulls are stronger than Bears, because +DI (Bulls) i.e., Blue Line is above 20 and -DI (Bears) i.e., Orange Line is below 20 which means Bulls are in Power.
Conclusion: With the help of Technical Indicators, Chart Patterns and Trend Analysis we come to know that HCL Technologies might give Good Return in Future.
HCLTECH
Conclusion: With the help of Technical Indicators, Chart Patterns and Trend Analysis we come to know that HCL Technologies might give Good Return in Future.
HCLTECH