HCL Technology going bearish

A descending triangle with an over valued price is a deadly combo. Short your stocks would be the ideal move right now and book profits. Fresh entry can be made only when it bounces off 799 levels. The momentum is fading and the volumes are also declining.

It is having an uncanny resemblance with BTC USDT chart doing a saw tooth pattern.

Risk-o-meter Dangerous

Message me or comment to get faster updates.