Nsetips

buy hcl tech futers@1788 sl 1750 target 1820/1860 It seems you're planning to buy HCL Technologies (HCL Tech) futures at ₹1,788 with a stop loss (SL) at ₹1,750 and potential target levels of ₹1,820 and ₹1,860. Here's a breakdown of your trade: 1. **Entry**: You're entering at ₹1,788, suggesting you anticipate the price will rise. 2. **Stop Loss (SL)**: Your stop loss at ₹1,750 implies a risk of ₹38 per share. This is the maximum loss you are willing to accept before exiting the trade. 3. **Targets**: - **Target 1** at ₹1,820 offers a potential profit of ₹32 per share, which is around 1.79% above your entry. - **Target 2** at ₹1,860 provides a potential profit of ₹72 per share, around 4.03% upside. This gives you a reward-to-risk ratio of approximately 1:1 for the first target, and better for the second target. Before proceeding, consider monitoring key news or earnings reports related to HCL Tech that might impact its performance, and adjust your stop loss or targets if needed based on market conditions.