Stock Analysis of (NSE: HCLTECH) HCL Technologies Ltd
Stock Analysis of hcltech in the weekly chart: Technical looks that the major trend is bullish, and one of the good stock which not affected from recent strong selling pressure recently resting near to EMA 100, 200 support zone, active trend line bullish, and forming short-term resistance zone at the level of 1065, technically anticipated for short-term bearish movement
Stock Analysis of hcltech in the daily chart
In the daily chart, the resistance level will be found at 1062. the recent bearish candle will confirm for active selling pressure which anticipated for bearish movement.
FUNDAMENTAL ANALYSIS OF HCL TECH:
1 MONTH RETURN AT (-VE)
YTD RETURN WILL BE MUCH POSITIVE AS COMPARE TO SENSEX RETURN
NOW MOST IMPORTANT FACTOR ON SHAREHOLDING PATTERN, WE CAN EASILY FIND THAT PROMOTER, INSTITUTIONAL INVESTOR, AND MUTUAL FUNDS INVESTMENT DECREASING. WHICH SHOW OUTRAGE IN STOCK.
ADVICE: SELL FOR SHORT TERM.