HCLTECH

HCL Tech Outlook for the Week (June 05, 2021 – June 11, 2021)

HCLTECH Weekly Outlook and Analysis:

For the Week: (June 05, 2021 – June 11, 2021)

BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027| SECTOR: I.T.

Stock closed the Weekly on negative note losing –0.64%.

HCL Tech Share Price: 936.55 (NSE)

Weekly High: 952.00

Weekly Low: 932.60

Weekly Range: 19.40 Points


Weekly Support & Resistance For HCLTECH:

RESISTANCE 21075
RESISTANCE 11047
SUPPORT 1875
SUPPORT 2849

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 875 levels, Minor resistance on the upside is capped around 1047 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 @ 849 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 @ 1075.

Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 1100 on upside and 800 on downside.

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