HCL TECH – Rising Wedge Breakdown confirmed.

A couple of weeks back was mentioning about how HCL TECH was making a rising wedge. It kept on slowly making new highs with not much strength . Finally the stock today gave the big down tick which was needed to confirm a trend change.

 

Any rise would now be a shorting opportunity or for investors to book profits and look for a downside to 1000/900

 

HCL tech - Breakdown

 

 

 

 

 

Nooresh Merani

www.analyseindia.com   ( For all our services )

Twitter – https://twitter.com/nooreshtech

Facebook – https://www.facebook.com/nooreshtech

nooreshtech@analyseindia.com

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.