HCLTech extends winning run to fifth session near Rs 1,380

HCL Technologies gained for a fifth straight session on 15 October 2026 and trades near the Rs 1,380 resistance, with Rs 1,172 as key support. HCL Technologies Limited [

] extended its winning streak to a fifth straight session on 15 October 2026. Till 11:50 AM it trades near Rs 1,370, up 3.3 percent, as buying in IT stocks continues amid a sharp fall in global AI stocks. The rally follows the Q2 FY27 results, with profit up 21.2 percent year on year to Rs 5,132 crore and a raised lower end of the FY27 revenue growth guidance. Revenue rose 11.5 percent to Rs 35,620 crore. The stock has gained about 17 percent from the Rs 1,172 low of early October. It is now at the Rs 1,380 area, where earlier rallies in August and September stalled. RSI is near 68, close to the overbought zone. What next: Rs 1,380 is the immediate resistance, and a close above it with volume may extend the rally. A pause near resistance after a quick rally would not be unusual. Rs 1,172 is the key support level. So the trend has improved, but price is at resistance after five sessions of gains, so the closing level today matters most. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.