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HCL TECHNOLOGIES Stock Analysis - Stock on the verge of breakout facing strong trend line resistance. (Updated On 27th June 2014, Friday).






  • HCL TECHNLOGIES facing strong trend line resistance in hourly chart around 1475 , Hourly chart indiciates once stock starts trading above 1475 with volumes and must stays above then intraday we can see some bullish action.
  • Daily Chart indicates that stock facing same trendline resistance around 1475, if stock closes above 1475 and must stays above then bulls to extend rally for next 2-4 days.
  • Daily chart also indicates stock trading above 100 days moving averge which will favor bulls to take stock further up.
  • (Long term trend) - Monthly chart indiciates stock moving up from 23.6%  fibonacci retracement as long as hold above stock can move up and will fave 0%  fibonacci retracement resistance around 1600. Close Watch.
  • Click here to read stock analysis Of Cadila health care.
Next stock will update on 27th June 2014, Friday Around 12:00 pm.



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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.