HCL Technologies Ltd. – Bullish Breakout Setup
📊 HCL Technologies Ltd. – Bullish Breakout Setup 🚀
CMP: ₹1,366 | Timeframe: Daily
HCL Tech is showing strong bullish momentum after recovering from the ₹1,195–₹1,225 support zone. The latest candles indicate a sharp upward move with increased volume, suggesting a potential breakout from the recent consolidation.
🔹 Resistance: ₹1,368 ₹1,411 ₹1,454
🔹 Support: ₹1,325 ₹1,281 ₹1,238
🔹 Major Support: ₹1,195–₹1,152
Trading View: A sustained move above ₹1,368 may open the way toward ₹1,411 and ₹1,454. A decisive breakout above ₹1,454 could strengthen the bullish outlook. Failure to hold ₹1,325 may trigger short-term profit booking. Watch volume and price confirmation before taking any trading decision.
— AALGO BREATHS SEBI REGISTERED RESEARCH ANALYST