Informationtechnology
TATATECH LTD. TIME FOR REVERSAL ?NSE:TATATECH
Incorporated in 1994, Tata Technologies Limited is a global engineering services company offering Product Development and Digital Solutions.
Technical Analysis:-
The Simple price action shows a reduction in the strength of bears cause the last 3-4 swing lows failed to form a strong significant lower low.
this action formed a falling wedge structure and this pattern is bullish.
If you combine the RSI readings there is a bullish divergence forming which adds up to a confluence of factors.
the volume is very low on the fall.
Entry is strictly on closing basis only above 1075
Stop:- for short-term traders is 990 on a closing basis and long-term can accumulate more on the sign of reversal from 990.
Tgt levels are mentioned on the chart.
Keep learning,
Happy trading.
Cyient Flag breakoutFed is set to lower interest rates next month which benefits IT. Cyient has made flag breakout and has 85% potential
BSOFT: Reversal candidate!BSOFT and other IT stocks are reversing for a new high. Made this chart yesterday when price was near 600. Expecting target of 800-900 in coming months. Some mid term targets are marked on the trendlines.
NOTE: I'm not a SEBI REG. Study before investing.
InfoBeans Technologies Ltd | INFOBEAN | Swing OpportunityInfoBeans Technologies: Potential Swing Trade for Long-Term Gains (6-8 Months)
InfoBeans Technologies Ltd. (NSE: INFOBEAN) appears to have broken out on the weekly timeframe, indicating a possible shift in momentum and increased investor interest. This could present a swing trading opportunity for those willing to hold for a 6-8 month timeframe.
Remember, this is a swing trade, requiring patience and long-term holding.
Disclaimer:
This is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. Consider factors like overall market conditions, risk tolerance, and investment goals before entering a trade.
Emphasize that you should conduct your own research then trade on your own risk.
Regards
Infosys breakoutI have been publishing about infosys and the potential of growth. You can check out the earlier videos too for that. It has got a breakout today.
Nifty IT BULLISHThis perspective is for mid and long term.
Share the link as much as you can so everyone can benefit.
:)
INFOSYS TARGET 1600/- In this recording infosys pattern has been told. It might take more days then mentioned, but the patter is quite visible and its due for a breakthrough.
follow for more updates
WIPRO AnalysisThe recent change in the management of WIPRO Ltd has brought a nice 56 Inch wide smile on Veterans who've been tracking the stock.
The CEO under whom, the profitability had reduced, has resigns and in exchange for him, we're finally getting someone who understands the Business and the Company.
I'm anticipating good moves in the stock from CMP.
Here are the details-
CMP- 486
Targets- 500, 520
Stoplsos- 476
Duration- 1-2 weeks
Let me know what you think about it.
Nifty IT Analysis on 17th April 2023 Morning.
Important Points,
- C wave is begun after consolidating of B wave Possible Target are shown in Chart, according to Wavelength Theory using Fibonacci Tool.
- 25k is psychological level also so first target will be 25k, Rest will be updated with new candles formed.
Have A Good Day!!
IT Sector CNX ITCoforge
LTTS
HCL Technologies
Mindtree
Infosys
Mphasis
Larsen&toubro infotech LTI
Tata Consultancy Services
Tech Mahindra
Wipro
NSE:CNXIT
NIFTY IT CUP\Handle pattern has been made in NIFTY IT. Keep an eye on IT stocks for short positions.
PERSISTENT short side tradePERSISTENT SYSTEMS has reached the supply zone with no major retracement move and formed an inside candle with the low of the candle being broken today. A strong bearish candle in the making which is indicating confirmation to go short side trade. Short side trade via put option or short future with buying call as hedge makes sense. SL 4964 tgt 4560, 4460
INFOSYS LTD All analysis has been given on charts itself.
The stock has been bouncing from the support Level, hence the stock may bounce back from there again. Hence Trades must be taken only above suggested levels of 1855 i.e Confirmation Level.
Upcoming Target: 1920 and 1942.
Feel free to share your feedback and queries.
MASTEKI am expecting a brekaout in MASTEK and the share can be added at CMP for a target of 3150 with a stoploss of 2834.
Tata consultancy servicesA Best opportunity to buy tata's Stock in low.🤹 TCS are in top companies of market capitalisation. And when you see about long turm no one like TCS.
Tanla clear BO#tanla
Tanla platforms
Stock has given clear breakout from long consolidation of 6 month's.
Looks impressive
Results were nice!!
Risk involved
Low float and operators.
Be cautious!!
For info, they are working on blockchain tech 😊
#VR
Please do your own analysis as well.!
Wipro Bullish view. T = 700+Seeing the past performance and recents pacts of the company which have taken place in the last 3 months, it is bound to outperform its past revenue.
CMP 643/-
SL - 630/-
Target 700+ (trailing)
#NIITLTD CMP 165.45 Targets to break All time High to 245++CMP 165.45
Target 245++
May Hold After Target Reached.
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
NSE: NIITLTD
Super Bullish on this stock.
From Rachit Sethia with 💚
HCL Tech going for Bear run1. encountered fewer profits due to IT slab change
2. lower lows and lower highs are found with volatile ATR value.
3. Moving Averages and downtrend signals extreme bear run
HCLTECH - Tuesday Trade | 06th AprStock has broken Descending Trendline and resistance zone.
Buy above 1040 for targets of 1052 and 1067
