HCLTECH H&S BOTTOM BREAKOUT
HCLTECH made a strong breakout from its about 2 month long Head & Shoulders Bottom pattern, on strong volume. On the momentum side RSI entered bull zone above 60 and +DMI turned dominant as it moved above 25 and making a new high above the prior peak of its other cousin, the -DMI. Looks bullish days ahead in the counter
Raju KMS Datla
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