Check HCLTECH Full Analysis At Unicorn Signals
HCLTECH Weekly Outlook and Analysis:
For the Week: (Aug 29, 2022 – Sept 02, 2022)
Check HCLTECH Full Analysis At Unicorn Signals
BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027| SECTOR: I.T.
Stock closed the Weekly on Positive Note loosing 2.52%
HCL Tech Share Price: 945.65
Weekly High: 970
Weekly Low: 939
Weekly Range: 24.40 Points
Weekly Support & Resistance For HCLTECH:
RESISTANCE 2 | 982 |
RESISTANCE 1 | 963 |
SUPPORT 1 | 932 |
SUPPORT 2 | 920 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 932 levels, Minor resistance on the upside is capped around 963 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 920 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 982
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 982 on upside and 920 on downside.