Lets see what happen , tcs is risinng immersively so will fall same , and do follow as for more ideas
A spike in volume is clearly visible with the today's gain of nearly 5 percent. This makes FSL a great long opportunity with the entry at the current levels with the stop loss below the nearest swing low. Kindly note that this is not a recommendation and for only educational purpose.
PERSISTENT like the name suggests is showing a strong move. history of this stock shows a good momentum. this recent breakout will also be fruitful. follow the stoploss and the given targets. it can also be held for long term.
BSE InfoTech Index is moving in parallel channel since 2009
Formed a kind of rising wedge pattern and we can see a very bullish breakout. Wait of it to retest 3440 and may be 3400 level , then we can see a very good up move. PLease do your analysis and if you have any idea please tell me in the comments
Currently RSI <70 IT stocks outperforming market MACD signal line crossing MACD from below. Hinting that still strength is left in IT stocks. Stocks to look out for : Mindtree MPHASIS COFORGE TATELXIS HAPPISTMINDS
#NIFTYIT looks good for a decent up-move. SL can be placed below the horizontal line on closing basis.
Good Structure observed in TRIGYN For movement play buy above 101 SL below 62(closing basis) Target 125-135 good support near 75 volumes picking up in uptrend and dry up in consolidation also this is cheapest stock in IT small cap PE--4.98 Please maintain SL closing basis as this is small cap stock Risk 1-3% of your capital(so plan position sizing base on...
AGARIND 1 WEEK timeframe chart buying range bound pattern breakout on 1 day timeframe multiple resistance break target 1 = 335 target 2= 523
Buy @260-70 range 💰💰 no need of sl,if u have patience u can hold it. trgt 300-350-400++🎯🎯 🧩the stock in a major/strong support zone ,can see the price is respecting that area that's why we shared this entry. 🧩a company with good funda. 🧩IT stocks publishing not much good result,so technical base it's a good entry,dont know about it's result.anyway i am...
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
Wipro has broken out and has retraced to the previous resistance level. This level is acting as support and has been respected for the last two trading sessions. if this continues, we will see Wipro reaching 460+ in the near future. If the resitance of 465 as well is broken, Wipro can see 500 very soon.
We can see Wipro made double top pattern on weekly as well daily. The second confirmation is the 50 Moving average breakdown on daily.
Tcs can take support around 2836 levels and make a move , short term (1 to 3 months ) .
BREAKOUT # BEARISH TREND START .....MAINTAIN LEVEL AS MENTIONED IN CHART
Based on my analysis on sectors, I expect a short correction before a move upside.. Confirmation derived from wave theory and R&S levels
Cup and Handle with Rounding Bottom complete in Happiest Minds. Accumulate in 340-355 Zone. Stop Loss 330