CNXIT index has broken the all time high. Watch whether it holds or breaks, if it holds we can see fresh rally in IT stocks Please note I’m not a registered analyst. Please analyse your self before investing
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for...
TCS -the IT GIANT seems to be in trouble .FIBO retracements , bollinger band and rsi all have turned negative . Stock can move down to 3063-2984 with sl at 3125 . stock is trading below 50 & 100 days moving average and can go down to 200 sma 2807
Buy above 1021 for a target of 1033/1045/1055 major resistance @1055, it breaks that, then we can see an upside potential. Support @200 EMA. Major support @1000
The key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels. For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts. Happy trading.
Analysis mentioned on chart
Mindtree is showing weakness and does not show any sign that it will sustain above the resistance level of 1430. Traders can look for shorting oppurtunities below 1430. Also check sector trend for confirmation. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not...
A FLAG AND POLE PATTERN is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a...
It has been respecting its support and resistance. The levels of trading have been mentioned. We can go long if there's a gap up opening or breaks the level with a good momentum. Consolidated between 0.5 & 0.618 and gave a breakout.
HCLTECH gave Trendline breakout and gave closing above it. Crossing 860 level will be good upside move towards 870 levels keep this in watchlist
TECHM gave Trendline BO (Red color) if this going to Break resistance that 857.50 then will be good upside move towards (768-770)
TCS coming back to fill the long created gap. Sell below : 2600 Target : 2555 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational...
According to technical indicators and candlestick analysis looks like the Indian I.T sector share gets overstretched and correction is possible. Also, RSI is in the overbought zone (80), and also in day frame analysis, it has formed a "Shooting Star" pattern (Trend reversal pattern). Here, by Nifty I.T analysis I am referring to I.T stocks Eg: NSE:TECHM , ...
#Cybertech @ 53.30 1. a slanted Cup & Handle breakout (W) 2. trendline breakout (W) ACCUMULATE for positional trade. #Nifty #Nifty50 #smallcaps #midcapstocks
NIFTY IT is on monthly trend line resistance. Please avoid holding IT stocks for upmove (Mid Term or Long term). IT looks exhausted and we may see correction coming soon. Also, to support above statement, INR will get stronger against USD in coming times and this will lead to IT companies share prices coming down.
#INDIAMART #INTERMESH Indiamart Intermesh Ltd. CMP: 3060.20 Target: 3440 SL: 2850 If you like my work, kindly donate. :)
BLS International (Micro/small cap) CMP: 96.30 (NSE) -> Promoters Increasing their shareholding -> Strong buyers (Candles) -> High Delivery % in the last two weeks. -> Trading above normal volumes Target 1: 120 Target 2: 140 SL can be based on MA or previous low. Buying rage should be in the range of 87 to 90 Note: Low liquidity stock