This chart of HCL Technologies shows an inverse head and shoulders pattern—a classic bullish reversal signal. It consists of three troughs: the left shoulder, a deeper head, and the right shoulder, followed by a breakout above the neckline. The breakout projects a target of ₹2,063.75, calculated by adding the height from the head to neckline. A stop loss is placed at ₹1,599.50, below the right shoulder. This pattern suggests a potential uptrend continuation if the neckline breakout sustains with volume.
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