HCL Technologies Limited:
Stock has rallied after breaking out of the triangle consolidation pattern with an increase in volume and is now expected to reach its original target of Rs. 695 as per technical within a short term. Also all others indicators are suggesting further positive growth of the price. A better advice would be to buy two lots of Jan2013 future derivative of the stock at Rs. 675 and wait for squaring them at Rs. 690 (i.e: 15x2(500)= Rs. 15000). [Advised SL: 650]
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