Short term swing trade (A): Information Technology stock | 5-6% target | Indian stock trading advice on 12 Nov 2025

NOTE

Closing Price: ₹1570 (as of Nov 11, 2025)
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
Upside Potential#: Based on median of the suggested buy range.

HCL Technologies Ltd is a leading global IT company based in Noida, India, founded in 1976. It provides IT and business services, engineering and R&D solutions, and software products. Its offerings include application development, automation, cloud, AI, cybersecurity, and digital transformation services for global enterprises. HCL Tech serves clients across industries, helping them modernize operations and drive innovation through technology.

Website: https://www.hcltech.com/

Q2 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Record Deal Wins ($2.6 Billion) – HCL Tech achieved record bookings of $2.6 billion without any single mega deal, showing broad-based growth across multiple clients and projects.
AI Revenue Crossed $100 Million – Advanced AI services brought in over $100 million this quarter, proving strong client demand for AI-driven solutions.
Profit Up 10% QoQ – Net profit jumped 10.2% to ₹4,236 crore; margins improved to 17.5% due to better efficiency and cost control.
Growth Outlook Upgraded – Services revenue guidance raised to 4–5% (from 3–5%), showing confidence in business momentum.
Global Recognition – Named by Time Magazine as the top India-based tech company in the World’s Best Companies 2025 list for the second year in a row.

Financial Highlights

Metric	Q2 FY26	Q1 FY26	Q2 FY25	QoQ Change	YoY Change
Revenue (₹ Cr)	31,942	30,349	28,862	+1,593 (+5.25%)	+3,080 (+10.67%)
Net Profit (₹ Cr)	4,236	3,843	4,237	+393 (+10.23%)	-1 (-0.02%)
EPS (₹)	15.63	14.18	15.62	+1.45 (+10.23%)	+0.01 (+0.06%)
EBIT Margin (%)	17.5	16.3	18.6	+1.20 bps (+7.36%)	-1.10 bps (-5.91%)
Net Margin (%)	13.3	12.6	14.7	+0.70 bps (+5.56%)	-1.40 bps (-9.52%)
TCV ($ Bn)	2.57	1.8	2.2	+0.77 (+42.78%)	+0.37 (+16.82%)

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Technical Analysis

Key Observations

The stock has broken out of an ascending triangle pattern, signaling renewed bullish momentum.
If it sustains above the breakout level, it could trigger a fresh upward rally in the coming sessions.

Traders following swing trading signals in India often spot opportunities where patterns, price, and volume align perfectly.

Technical Image - Daily Timeframe

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	65.34	Neutral
CCI-14	144.05	Overbought
MFI	51.85	Neutral
ROC	3.03	Positive
Stochastic %K	71.27	Neutral
William %R	-2.73	Overbought

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
5 EMA	1546.02	Above
10 EMA	1536.28	Above
20 EMA	1518.8	Above
50 EMA	1505.96	Above
100 EMA	1517.65	Above
200 EMA	1556.14	Above

Conclusion

HCL Technologies Stock Price Forecast

Based on our positional trading stocks, the HCL Technologies Stock Price target will be INR 1650 - INR 1660 in the next 12-14 trading sessions.

MONEY MANAGEMENT AND TRADING RULES

Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.
No need to rush. The recommendation remains valid for up to 7 days, not just at market open.
Use a trailing stop-loss to protect and lock in profits.
Diversify your trading capital across our other recommended stocks to reduce risk.
Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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