CIGNITI TECHNOLOGIES (1W TF) - Swing Trade Analysis given on 17th March, 2024 Pattern: ATH RESISTANCE BREAKOUT - Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
This is the analysis of CIGNITITEC in Weekly Time Frame. Watch carefully. The chart explains itself. The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some...
#CIGNITITEC trading above Resistance of 1119 Next Resistance is at 1487 Support is at 751 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Stock gives breakout of inverted head and shoulder on weekly timeframe . CMP : 751 Target 1 : 880 Target 2: 989 Stoploss : 629 This is not a buy or sell call, this analysis is shared for educational purpose.
A flag pattern can be seen in cigniti tech stock. expecting an upside move. this is for educational purpose only. take entry only after further confirmation from your side. this is for educational purpose only. take entry only after further confirmation from your side. this is for educational purpose only. take entry only after further confirmation from your...
A fundamentally good company engaged in software testing business.Promoters and FIIs increased their stake.Increasing revenue and profits every year. Good breakout given- Broken the longstanding trend line. Can give a 10-15% move in 1.5 months time .
CIGNITITEC has been forming an inverted head and shoulder pattern from last 1.5 years and is currently near breakout of the neckline. It can give a good upside move if a strong weekly closing above 639 levels is seen. Idea shared just for educational purpose.
CIGNITITEC:- Head and shoulder pattern has formed on the weekly chart, keep your eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know...
Inverted Head & shoulder Breakout in Cigniti Technologies Limited with very high volume...
#Cigniti strong BO and close abv 675 closed at 683. Technically IHnS is formed which is very strong bullish pattern. Ciginit showed strong qtrly results. Can be added for further move to 750/850/1000 for midterm.
CIGNITITEC Getting Ready after Perfect Cup and Handle . Ready To Retrace and Once Breakout , It Can Go Nearest Up to 670 Levels . Long Term Levels are Too Much Upside .. Keep Watch :) NSE:CIGNITITEC
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
> The Resistance Zone between 660-680 will become Weak as it hit so many times. > Back to back good volume. > Entry Above 685 (only when price holds for 1 hour above 685 level) > 1st TGT is 750,Risky traders can keep upto 820. >Sl if price closes below 575 We need to hold this trade until S/l or TGT hit *Always Enter With good confirmation & Maintain proper...
Category: Continuation trade Key Highlights: 1. Bullish market structure 2. Swing failure pattern 3. Bear trap at the previous swing low 4. Rebound from 200 MA 5. Good volumes 6. RSI getting support at 50 Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk. Rajat Kumar Singh ...
Technical: 1) Flat breakout with almost 5 years of consolidation. 2) Breakout supported with good volumes. 3) Breakout Retest supported with volume dry-up. 4) Momentum indicators all in support. Fundamental: 1) Company is almost debt free. 2) Positive cash flow. 3) Into Tech Niche - (Quality Testing). 4) Posting good profits. Good candidate to study from...
Stock broke out from multiyear resistance zone and now trending in blue sky zone beautifull retest of breakout & now stock will start its upward journey. Always Do your own research before investing
buy above 572 for swing or positional support at 500 level keep stoploss below 495 if you want to take less risk than keep sl below 545
Cigniti Cmp - 488 Stop - 350 on DCB Expectation - T1 - 550 T2 - Open, Review at 550 Expected Holding Period - 60 trading days or earlier for T1 View:- Swing/Positional Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing