EquityPandit’s Outlook for HCL Technologies for week (July 06, 2015 – July 10, 2015):

HCL TECHNOLOGIES

HCL Technologies (NSE: HCLTECH) closed the week on positive note gaining more than 3%.

On 03/07/2015, the stock manages to close above the levels of 957 where 100 Daily SMA was positioned.

If the stock manages to hold the levels of 957 the stock can move to the levels of 1000 where upward sloping trend-line is positioned.

Support for the stock is seen in the range of 930 levels where trend-line and short term moving averages are positioned.

Broad range for the stock in the coming week is seen between 930 to 940 on downside to 980 to 1000 on upside.