This undervalued info tech stock is giving a Box buy setup today
This undervalued info tech stock is giving a Box buy setup today.
$HCLT.NS $HCLTECH (India)
Its industry score is rapidly improving and is among the top 20% accelerating industries.
It is an undervalued stock with a 5%+ dividend yield. Funds are accumulating.
It has a Box buy setup at the double-bottom. Bullish Pressure is present even in the morning session. Weekly has a trendline resistance. However, that may be far enough away to take a long position. More so, if you used the #CUE Precise Entry real-time chart for taking the trade.
You could consider buying the stock.
If you are long-term bullish on the stock, you could consider shorting the put if you see options are liquid enough.
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