HCL Technologies exhibits a decisively weak trend with deeply oversold conditions, suggesting a potential short-term technical pullback towards the 1,280-1,300 resistance zone. However, this bounce is expected to be corrective, not trend-changing, as the broader structure remains negative with lower tops and bottoms. Traders are advised to use any pullback as a sell-on-rise opportunity or to lighten long exposure.

Anand James’s track record: 14 graded calls · 95% CI 12–55%

HCL TechnologiesBearishCalled 27 Apr 2026Graded 04 Jul 2026
Verdict:HIT

HCL Technologies moved from ₹1228.20 to ₹1146.60, a decrease of 6.64% in 21 days, consistent with the bearish outlook and advice to sell on rise or lighten long exposure.

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