Does HCLTech still have ground to bounce?

Written By Raksha Soni

HCLTECH @absoluteanalysis

Check #hcltech

This stock has been bearish since 9th July, yet some more space for the fall is possible.

Although we only predict the market, don't make the rules, we shall be ready to dance on whatever tune it plays; a pull-back is quite possible.


Now coming to the point:

HCLTECH has shown weakness since 9th July'25, and this has opened the bearish gates.
The selling opportunity is below 1526, with targets at 1475 and 1415 as T1 and T2, respectively.
The price is also inclined to pull back before it falls further, almost till 1576-75. If the price doesnt give a valid breakdown at the selling entry price, the bearish move will be at halt for sometime.
If price conitnues to trade higher than 1575, it will invalidate bearish sentiments.


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Raksha Soni https://x.com/Rakz_27
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