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What to do with HCL Technologies?

Discussion in 'Technical Analysis' started by praveenbkec, Jan 30, 2015.

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  1. praveenbkec

    praveenbkec Member

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    Hi Shabbir,

    I Have HCL Technologies Shares they announced results today :

    HCL Tech Q2 net up 2.3%, $ rev rises 4%, issues 1:1 bonus

    can hold or sell?
     
    praveenbkec, Jan 30, 2015
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  2. shabbir

    shabbir Administrator Staff Member

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    Technically or fundamentally?
     
    shabbir, Jan 30, 2015
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  3. praveenbkec

    praveenbkec Member

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    please explain both, i thought of exiting by booking profit but they announced bonus share of 1:1 so bit confused on how bonus will work can you explain that also.
     
    praveenbkec, Jan 31, 2015
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  4. shabbir

    shabbir Administrator Staff Member

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    Can you share your levels technically? Also those numbers and other things are not for technical investors.

    Bonus will mean you will get double the shares and the price of the shares will be halved.
     
    shabbir, Jan 31, 2015
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  5. praveenbkec

    praveenbkec Member

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    I was entered at 1508 and kept stoploss of 1485 and i was expecting target of 1700+
     
    praveenbkec, Jan 31, 2015
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  6. shabbir

    shabbir Administrator Staff Member

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    Target is hit and so now you can go with a trailing stop and ride the profits.
     
    shabbir, Jan 31, 2015
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  7. praveenbkec

    praveenbkec Member

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    holding until i get bonus and selling after that will not give more profits?
     
    praveenbkec, Jan 31, 2015
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  8. saptarshi_sachin

    saptarshi_sachin Responder

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    If record date is near then we may see little bit more upside.

    Same sort of a thing happened with infy sometime back after infy declared last qtr results.

    Even I am holding HCL tech entered at 1540. Sold partial when hcl tech touched 1700+ once on Jan 19.

    Hcl tech also declared dividend of Rs 8 per share. They have not fixed record date yet for bonus. Waiting for it now.....
     
    saptarshi_sachin, Feb 1, 2015
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  9. shabbir

    shabbir Administrator Staff Member

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    Yes the runup is on and so yes it should but be ready for lot of actions happening.
     
    shabbir, Feb 1, 2015
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  10. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes .... little scary on the "lot of actions" which can happen...

    Today again Hcl Tech was firing up.
    HCL Tech was up today to touch lifetime high of 1900. Still holding......
    And still no dates for bonus.

    Only dividend date has been declared. Dividend of Rs. 8 per share and date has been fixed as Feb 04, 2015.

    Keeping fingers crossed.
     
    Last edited: Feb 2, 2015
    saptarshi_sachin, Feb 2, 2015
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  11. shabbir

    shabbir Administrator Staff Member

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    Ride the profit and keep trailing stop loss.
     
    shabbir, Feb 2, 2015
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  12. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes!
     
    saptarshi_sachin, Feb 2, 2015
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  13. saptarshi_sachin

    saptarshi_sachin Responder

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    After 2 days of pause, finally HCL Tech firing up again today @1960

    Keep riding!
     
    saptarshi_sachin, Feb 5, 2015
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  14. shabbir

    shabbir Administrator Staff Member

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    Yeah Keep riding.
     
    shabbir, Feb 5, 2015
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  15. monilhathi

    monilhathi New Member

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    Its an uptrending stock so no harm holding it with proper SL and one could also buy on some retracement
     
    monilhathi, Feb 13, 2015
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  16. saptarshi_sachin

    saptarshi_sachin Responder

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    Still no dates of bonus issue in HCL Tech

    HCL Tech @1985
    Still holding
     
    saptarshi_sachin, Feb 13, 2015
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  17. saptarshi_sachin

    saptarshi_sachin Responder

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    HCL Tech zoomed up today, made high of 2040 today (closed at 2033).

    Keep holding.
     
    saptarshi_sachin, Feb 18, 2015
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  18. jignesh_acharya

    jignesh_acharya Active Member

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    shabbir,
    how much percent of the downside trailing stop loss can be taken once the target is achieved?
     
    jignesh_acharya, Feb 22, 2015
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  19. shabbir

    shabbir Administrator Staff Member

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    For trailing stop loss I keep previous days low as stop loss but there is no rule of percent.
     
    shabbir, Feb 22, 2015
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  20. monilhathi

    monilhathi New Member

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    HCL another Breakout due!!
     
    monilhathi, Mar 5, 2015
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