
NSE HCL Tech stock price at a Potential Elliott Wave Inflection Point
The completion of the wave equality objective suggests that the primary corrective phase may be approaching maturity. The equality target has been achieved, price action remains technically weak and downside momentum has not yet fully stabilized. As a result, the market may continue to seek lower support levels before establishing a durable base.
The next major downside reference lies near the 1.00 around 1030–1035.
A consecutive close back above 1120 would invalidate the immediate downside extension scenario and suggest that the wave C correction may have already completed.
Upcoming Elliott Wave Reports:
HDFC Bank | HDFC Life | SBI Life | Grasim Industries
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
good stock sir wanting to buy
give buy signal on hcl message me
Waiting for your next update on life insurance companies.
Dear Guruji,
Please update Nifty and BankNifty.
Thank you!
TK Sowri