HCLTECH Positional View !!

HCLTECH : cmp : 1167.95
After the significant correction ,
it's trying to form Cup and handle Kind of pattern in daily chart.
Can we expect this ? Good base formed near 1100 -1120 level.
So downside limited.

Accumulation Zone : 1145 1175
Profit booking Zone may be : 1285 - 1356
Sl 1132 Dclbs/According to your risk appetite.

Positional TGT1600+
SL 1102 Dclbs

February future OR Feb 1200/1250 CE can be look after.

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.

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