HCLTECH | Monthly Triangle, Weekly Liquidity Zone and Daily
APOORV DUBEY | SEBI Registered Research Analyst ⚠️ This post is for educational purposes only. It is not a recommendation to buy, sell or hold any security. Why this post?
The goal is not to give you a view on HCL Tech. It is to show you how to analyse a chart on your own. Always start from the biggest timeframe and work down.
1. Monthly: the big picture -Support trendline: price has respected an ascending trendline since 2011, tested again in 2020 and in the current structure. -Resistance trendline: the red line drawn from the highs is a counter-trendline. Together with the support line, it…
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