HCL TECH --- The stock has been a favorite till date from 540 but finally it seems there are some signs of topping out.
Looks like a small rising wedge formation which is generally dangerous.
A break below 1040 with volumes would be needed to confirm a move towards 900-950.
A stock to be kept on radar.
TECHNICAL ANALYSIS TRAINING SESSIONS
Planning for a training program in Chennai on October 26-27.
People interested can mail to analyseindia@analyseindia.com
Mumbai session planned for October 2nd weekend.
Also we will soon be coming out with a online training program which will be through 2 weeks and in small 2-3 hour sessions. For now the material is being prepared and other execution issues being solved.
Regards,
Nooresh
