After the massive fall from 1108 levels, HCL Technologies 
HCLTECH managed to pull back to 934 levels but faced a stiff resistance in the 934-944 zone.
I can see that the price faced strong rejection at 38.2% retracement of the previous downmove forming a large bearish engulfing candle.
Good opportunity to short here for a target around 880 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
HCLTECH managed to pull back to 934 levels but faced a stiff resistance in the 934-944 zone.I can see that the price faced strong rejection at 38.2% retracement of the previous downmove forming a large bearish engulfing candle.
Good opportunity to short here for a target around 880 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。