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      HCLTECH – IT stocks to move this week

      Stock has been consolidating in the range of 1600-1650 but now it seems to some willingness to nudge out in the NORTH direction. Momentum indicator were moving SOUTH but has now shown some signs of reversal suggesting a BUY with internal bullish crossover. We have a downward slopping resistance line which will give a breakout at 1660.

      Trade Setup

      Buy At CMP
      Targets : 1685/1715

      Stop loss: 1625

      Kavish and Santosh
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