HCL Technology

Market is expected to remain volatile on the final day of settlement of Futures and options expiry.

April series will also see readjustment of lot sizes .

HCL tech is in consolidation phase . It can be a buy only above 370. 370 is the upper band of the range it made in most part of Feb and March. If its able to trade above 370 then retest of intermediate high of 388 is possible.

One should keep the volume lows to avoid getting whipsawed in this ranged market.Keep on booking profits at regular intervals.Exit early from those positions which are not working even if they have not hit your stops. In this kind of market a trader should not remain invested all the time, one should have enough dry gun poweder in reserve to catch opportunities.

Have fun and trade well.