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Check HCLTECH Full Analysis At Unicorn Signals
HCLTECH Weekly Outlook and Analysis:
For the Week: (May 02, 2022 – May 06, 2022)
Check HCLTECH Full Analysis At Unicorn Signals
BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027| SECTOR: I.T.
Stock closed the Weekly on Negative Note losing –2.07%
HCL Tech Share Price: 1079.25
Weekly High: 1107.00
Weekly Low: 1073.30
Weekly Range: 33.70 Points
Weekly Support & Resistance For HCLTECH:
| RESISTANCE 2 | 1174 |
| RESISTANCE 1 | 1138 |
| SUPPORT 1 | 1062 |
| SUPPORT 2 | 1022 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1062 levels, Minor resistance on the upside is capped around 1138 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 @ 1022 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 @ 1174
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 1174 on upside and 1022 on downside.
