HCL Tech - Trendline & Triangle breakout
Bullish on HCL Tech.
Technical:
Trendline breakout, formed doble bottom, triangle breakout and above 50 MA.
When its breakout 1060 it can fly up to 1400.
Stop loss 880
Fundamental:
PE: 19, Dividend yield 3.9%, Debt to Equity = 0.11.
Company's median sales growth is 17.0% of last 10 years
Looks very attractive fundamental point of view. Its value buying.
Disclaimer: Educational Purpose
Technical:
Trendline breakout, formed doble bottom, triangle breakout and above 50 MA.
When its breakout 1060 it can fly up to 1400.
Stop loss 880
Fundamental:
PE: 19, Dividend yield 3.9%, Debt to Equity = 0.11.
Company's median sales growth is 17.0% of last 10 years
Looks very attractive fundamental point of view. Its value buying.
Disclaimer: Educational Purpose
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