HCL Technologies Limited

HCLTECH- Bears in Control!

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Attached: HCLTECH Daily Price Chart Live Market as of 20th April 2023

Pay attention to the following:
1) Formation of a Double Top/ Distribution Pattern
2) A Leading Diagonal Structure marked as ABCDE , so a 3rd Wave Down can play out
3) The Elliot Wave marking signaling end of (B) Wave and (C) Wave Down pending

IT Sector is the Weakest already and there are clear Headwinds from a Fundamental standpoint for IT Stocks

HCL Technologies has Earnings today so you can expect some Big Move on the Short Side

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