HCL Technologies Ltd
#HCLTECH
CMP : ₹. 1364
Date : 09-12-2023
A leading global IT giant having more than 60% promoter holdings with zero promoter pledge and low debt. ROE,ROCE,ROA all fundamental parameters are improving for last two years. After the news that HCL Technologies Ltd intends to establish a chip packing unit in Karnataka with an estimated investment of $400 million ,share prices surged. Stock is now at its 52 week high. Technically also looking good with a breakout in daily charts. The room is now opened to fresh highs. Expecting a possible movement towards 1400 - 1500 and then to 2000 with in a sapan of 3- 9 months. Stoploss @₹.1250 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP : ₹. 1364
Date : 09-12-2023
A leading global IT giant having more than 60% promoter holdings with zero promoter pledge and low debt. ROE,ROCE,ROA all fundamental parameters are improving for last two years. After the news that HCL Technologies Ltd intends to establish a chip packing unit in Karnataka with an estimated investment of $400 million ,share prices surged. Stock is now at its 52 week high. Technically also looking good with a breakout in daily charts. The room is now opened to fresh highs. Expecting a possible movement towards 1400 - 1500 and then to 2000 with in a sapan of 3- 9 months. Stoploss @₹.1250 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.