HCL Technology at Channel Support Line

HCL Technology forming higher high higher low structure and moving in the upward channel since it completed its downtrend in mid 2016. Recently it touched its multi month support trend line of the channel. At this level we can see stock taking support at 200 EMA. We will be waiting this week to close the candle, if it close below 200 EMA i wont trade it but if it close above 200 EMA we would buy it to touch its resistance trend line of channel and will be waiting for MACD signal line crosses MACD.