Elliott Wave view: HCL Tech Still Has Further Upside

HCL Bullish Sequence

Rally from November 18 low in HCL ended at 800.25 level as an steep correction.

This 5 waves rally completed wave (3) intermediate degree. Pullback in wave (4) has also ended at 800.25. stock has since resumed higher in wave (5).

Wave ((5)) is currently in progress as another 5 waves in lesser degree.

Expected return 14.74 % in next 1 to 8 weeks

Disclaimer : Any of my investment or trades I share on my blog are provided for educational purposes only and do not constitute specific financial, trading or investment advice. The blog is intended to provide educational information only and does not attempt to give you advice that relates to your specific circumstances.

14 views0 comments