Tuesday, February 07, 2017

>HCLTECH Trade setup

Hi friends,
                  The following is hcltech hourly chart.
i am sharing a small portion of chart which shows a promising pattern this is to show how to come to a trade setup using elliottwave analysis.
From the chart we can count clear abcde up which is followed by a good time consuming abc till 780.From 780 we had a sharp rally till 835 levels and after that the stock is consolidating .
Trade setup here would be to buy this stock in dips till 780 is saved target would be around 870-880 levels,Track this stock in coming days to see how this moves .


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