Alas!!!!!!!!!!!! one more techstock identical to TECHM analysis ! So I will just copy past exact text but with HCLTECH price !
HCLTECH seems like it completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 0.382 (883 to 908) and reaching apex of triangle.
Price already broke out above triangle. Go Loooooong.
If price goes up, I will update T1 and T2.
If you are long time investor, cash out after 5 months (approximate time for completing New impulsive wave ).
HCLTECH seems like it completed Elliott corrective wave and begin new cycle of Impulse wave! Also price is getting good support at Fibonacci retracement level of 0.382 (883 to 908) and reaching apex of triangle.
Price already broke out above triangle. Go Loooooong.
If price goes up, I will update T1 and T2.
If you are long time investor, cash out after 5 months (approximate time for completing New impulsive wave ).