HCL Technologies Limited
Long

HCLTECH 1D Time frame

43
Current Picture

Share price is ~ ₹1,499-₹1,505.

Recent momentum has been upward; the stock is trading above most moving averages—short-, medium-, and long-term.

Indicators are generally favoring continuation of the uptrend.

⚙️ Indicators / Momentum

Many oscillators (RSI, MACD, CCI etc.) are in bullish territory.

Moving averages from 5-, 10-, 20-, 50-, 100- to 200‐day are all aligned bullish (price above them).

Volatility is moderate to high — good movement, but also risk of pullbacks.

📌 Key Support & Resistance Levels

Immediate Resistance: around ₹1,505-₹1,515.

Immediate Support: near ₹1,480-₹1,490.

Stronger support further down around ₹1,400-₹1,420 in case of sharper correction.

✅ Outlook & Risks

Short term bias is bullish as long as price holds above the immediate support (≈ ₹1,480).

If resistance around ₹1,510 breaks decisively, more upside is likely.

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