📍 Buy zone: ₹ 40 – 41
🛡️ Stop: ₹ 38 (≈ ₹ 2 risk)
🎯 Target-1: ₹ 45 — book part or trail
⚡ Breakout trigger: daily close > ₹ 42 on strong volume → ride toward ₹ 48-50
Why it’s on the radar
• Price is consolidating near support, holding above the 20-DMA with a potential reversal setup.
• Recent weekly candles hint at accumulation as price is testing key levels, showing signs of demand.
• The IT services sector has fresh demand, with a rise in outsourcing and automation orders fueling growth.
Execution rules
1. Risk ≤ 2 % of capital (₹ 2 × shares per ₹ 10 k).
2. Shift stop to entry once ₹ 45 prints.
3. Exit early on a daily close below ₹ 38 or if RSI drops under 45.
4. No follow-through within ten sessions? Close and reassess.
Trade with a plan—patience and discipline bring results. 💪
Not financial advice—just sharing my game plan. Manage your own risk and stay disciplined. 💹
🛡️ Stop: ₹ 38 (≈ ₹ 2 risk)
🎯 Target-1: ₹ 45 — book part or trail
⚡ Breakout trigger: daily close > ₹ 42 on strong volume → ride toward ₹ 48-50
Why it’s on the radar
• Price is consolidating near support, holding above the 20-DMA with a potential reversal setup.
• Recent weekly candles hint at accumulation as price is testing key levels, showing signs of demand.
• The IT services sector has fresh demand, with a rise in outsourcing and automation orders fueling growth.
Execution rules
1. Risk ≤ 2 % of capital (₹ 2 × shares per ₹ 10 k).
2. Shift stop to entry once ₹ 45 prints.
3. Exit early on a daily close below ₹ 38 or if RSI drops under 45.
4. No follow-through within ten sessions? Close and reassess.
Trade with a plan—patience and discipline bring results. 💪
Not financial advice—just sharing my game plan. Manage your own risk and stay disciplined. 💹
Started like everyone else — chasing trends, ignoring risk.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Started like everyone else — chasing trends, ignoring risk.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.