HCL Tech Outlook for the Week (June 29, 2020 – July 03, 2020)

EquityPandits Outlook for HCL Tech for the week (June 29, 2020– July 03, 2020).

BSE: 532281

Week High: 593.50.

Week Range: 38.50 Points.

Week Low: 545.00.

HCL Technologies Ltd

SECTOR: I.T.

Stock is trading above 200 days exponential moving average, suggests long term pattern is bullish. EquityPandit anticipates variety for the week as 610 on upside and 500 on drawback

WEEKLY PIVOT LEVELS:.

.

SUPPORT 2.
525.15.

SUPPORT 1.
543.75.

If stock breaches small support on the drawback and closes below it we might see fresh break down and stock can drag towards Major Support on lower side @ 508 and If stock breaches minor resistance on the benefit and closes above it we might see fresh breakout and stock can head towards Major Resistances Level @ 602.

Stock closed the week on negative note losing– 1.26%.

RESISTANCE 2.
602.15.

RESISTANCE 1.
582.25.

HCLHCL TechnologiesHCL Technologies LtdHcltech OutlookHCLTech Stock Movement.

. Technically on the day-to-day charts EquityPandits Analyst see: Minor assistance on the disadvantage lies at 522 levels, Minor resistance on the benefit is capped around 588 levels.