HCL Tech Outlook for the Week (Aug 10,2020 – Aug 14,2020)

For the Week: (Aug 10,2020– Aug 14,2020).

NSE: HCLTECH

SUPPORT 1.
675.

HCLTECH Share Price: 690.30 (NSE).

RESISTANCE 2.
735.

If stock breaches small support on the disadvantage and closes below it we might see fresh break down and stock can drag towards Major Support on lower side @ 660 and If stock breaches minor resistance on the advantage and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 735.

Technically on the everyday charts EquityPandits Analyst see: Minor support on the downside lies at 675 levels, Minor resistance on the benefit is capped around 717 levels.

Stock is trading above 200 days exponential moving average, suggests long term pattern is bullish. EquityPandit forecasts range for the week as 740 on upside and 650 on disadvantage.

Week High: 699.90.

HCL Technologies Ltd. formerly broker the channel and holds the strength to move upward, in everyday chart RSI is on the favorable side, stock remains in bullish pattern and it can head towards Higher zone in the coming trading sessions, 717 is the crucial level to look for the stock in the week.

RESISTANCE 1.
717.

Stock closed the week on negative note losing– 2.07%.

SUPPORT 2.
660

Weekly Support & & Resistance For HCL Technologies Limited:.

SECTOR: I.T.

Week Range: 14.90 Points.

Week Low: 685.00.

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