HCLTECH--Near it's Demand zone??Observations::
This stock is in uptrend...now its near demand..look for buy.
A strong bullish momentum is observed from this zone...1180
it has taken support from this zone multiple times...
now again it is at the same zone....
look for buy side...
weak momentum to the bottom side is also observed.
if we see a strong fall is observed from this zone 1196...
it will test soon before falling again from this zone...
Hcltechprediction
HCLTECH--Short term Bearish look??Observations::
After a strong fall from resistance price slowly reached the resistance again and starts falling.
we have demand zone in the range 1105, price will test that demand zone,
initially look for buy @1105 level,for 1130 range only.
if another demand zone @1135 resist price fall is more,and will reach the bottom zones at 1070 levels.
Keep track this levels...