HCL Tech Outlook for the Week (Sept 21,2020 – Sept 25,2020)

Weekly Low: 744.15.

HCL Tech Share Price: 810.60 (NSE).

SUPPORT 2.
730.00

HCL Technologies Ltd. trading around Channel Resistance as seen in the chart above, If breaks the Resistance on the upside rally in the stock can be seen, If faces difficulty to cross the resistance we may see sharp profit booking in the counter, simply put stock is trading around make or break levels, Keep a watch on the stock.

Stock closed the Weekly on positive note gaining +12.33%Getting

For the Week: (Sept 21,2020– Sept 25,2020).

RESISTANCE 1.
828.00.

Weekly Range: 80.95 Points.

Weekly High: 825.10.

RESISTANCE 2.
852.00.

.

Technically on the day-to-day charts EquityPandits Analyst see: Minor support on the downside lies at 746 levels, Minor resistance on the benefit is topped around 828 levels.

Weekly Support & & Resistance For HCLTECH:.

BSE: 532281

SECTOR: I.T.

If stock breaches minor support on the disadvantage and closes below it we might see fresh break down and stock can drag towards Major Support on lower side @ 730 and If stock breaches small resistance on the advantage and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 852.

Stock is trading above 200 days rapid moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 900 on benefit and 690 on drawback.

SUPPORT 1.
746.00.