Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Technically, the charts of HCL Technologies are excellent. So, assuming that there is a knee-jerk reaction on the downside, it is a buying opportunity. Anyone who is having a swing trade or a positional trade view should be buying it.
I do not know about a day trade, a day trader cannot determine that the deep end has come to an end. But for anyone with a few days of timeframe, even if it dips a little more in the next few hours, it does not matter. So, I would be a buyer."
At 09:50 hrs HCL Technologies was quoting at Rs 896.40, down Rs 85.75, or 8.73 percent. It has touched an intraday high of Rs 915 and an intraday low of Rs 837.20.
No comments:
Post a Comment