The daily candlestick chart of HCL Tech shows a bearish candle. It is facing
resistance from the trendline in pink. Immediate support is at Rs.218 which if
breached can test Rs.214 and Rs.207 in a pessimistic scenario. One can exit in rallies
or High risk traders can sell around Rs.225-228 with a strict stop loss above Rs.235 in
close Holding period is 7-8 days.
* Trade in cash and in small quantities.
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