HCLTECH (NSE) – Technical & Fundamental Outlook

10 ส.ค.

📌 HCLTECH (NSE) – Technical & Fundamental Outlook

Date: 10 Aug 2025
CMP: ₹1,476.30

1. 🔍 Technical View
   HCLTECH is currently testing a key resistance zone near ₹1,476–₹1,480.
   Breakout Potential: A close above this zone with strong volume could push price towards ₹1,494, and then to ₹1,520–₹1,540.
   Rejection Risk: Failure to sustain above resistance may lead to pullback towards ₹1,460 and ₹1,450 supports.
   Trend Note: Price has recovered from recent lows and is pressing into the supply zone. Volume confirmation will be crucial before a breakout trade.
2. 📊 Fundamental SnapshotQ1 FY26 Results:
   • Revenue: ₹30,349 Cr (+8.1% YoY)
   • Net Profit: ₹3,843 Cr (-9.7% YoY) – margin pressure remains.
   • Guidance: Management upgraded lower-end revenue guidance for the year.
   Dividend Yield:~4.07% with consistent payouts.
   
   Valuation: Trading ~13% above some intrinsic value estimates (~₹1,286).
   
3. 📅 Upcoming CatalystsAug 18, 2025: Equirus India ConferenceAug 19, 2025: Antique Flagship Investor ConferenceEarly Oct 2025: Q2 FY26 ResultsThese events could bring volatility and directional moves depending on management commentary.
4. 📈 Probability ScenariosBullish Breakout: ~55% → Targets ₹1,494 → ₹1,520 → ₹1,540Bearish Rejection: ~35% → Targets ₹1,460 → ₹1,450Sideways Range: ~10% → ₹1,460–₹1,480 consolidation until a trigger
5. ⚠️ TakeawayWatch for breakout above ₹1,480 with strong volume for bullish confirmation. Mid-Aug events may set short-term tone. While revenue growth is solid, keep an eye on margins and valuation before long-term entries.

💬 What’s your view? Will HCLTECH break this resistance or face rejection again?

11 ส.ค.

บันทึก

Price hit 1530