Infosys is at a good support level of 1300-1400 looking good for accumulation for a target of around 1750/2200
Price action has retracted in weekly demand zone Daily And 4HR timeframe has given a break of structure 50 Ema is also providing confluence Not a financial advise.
NSE:CNXIT Looks Good for Fresh Entry. NOT A RECOMMENDATION. JUST FOR EDUCATION.
If it breaks the Previous Resistance area we can expect some Move on upside mark in green
HCL Technologies is also Near the Strong Resistance in Weekly it's Made a( Hanging Man Candle) Near the Resistance Trendline two things Happen Reverse or Take Support at Previous Resistance as Support Level
Cup Height : 2000 Breakout zone : 8200 Support Zone : 7200 Target : 10100
TCS is at a crucial trendline and can be a good risk taking zone for a Long Trade. The stock has support of trendline as well as the sloping 50 DMA. This confluence of support gives more confidence. Stop Loss: SL has to be a strong candle close below 3,450 Entry: Entries can be made after a show of strength on good volume Target: Previous swing high i.e. 3,660++
sensex is in Downtrend i thik i will buy put after breakout What happened on the stock market today? The S&P gained 0.6%, while the Dow Jones Industrial Average rose 213 points, or 0.6%, and the tech-heavy Nasdaq Composite was up 0.8%.
Its the next multibagger, its already it buying zone and consolidating since long time, every stock has already shooten up but IT industry is left. Now its time for IT industry and LATENTVIEW ANALYTICS is one of the high margin constant profit maker of 25%+. its a constant profit making company since its established. promoter group is really strong. compounding...
APTECHT:- Head and shoulder pattern is formed on weekly chart, breakout candle is also strong, wait for retesting, if you want to plan something, take care of all time high 449.75, keep an 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...
In previous post One of the 3 important levels given on the downside was 17708. Nifty closed the day at 17706.85 Also had suggested the blue zone may act as Support zone for Nifty in April series. Despite poor reaction to Infy numbers, Nifty has managed to take support in the blue zone. It recovered more than a good 100 points after touching the blue zone. What...
NIFTY IT Index at Horizontal supports along with RSI Divergence, Possible upside till 32000.
FIRST THE TECHNICAL VIEW Attached: Nifty IT Index Weekly Chart as of 13th April 2023 In the Chart above, I have mapped out the Potential Elliot Wave Count to play out over the coming Months: - Price has fallen in 3 Waves which is our Larger A Wave - Then Price did a Corrective bounce in an ABCDE structure making up our Larger B Wave - And now the Larger C Wave...
The last 2 Year's chart is shared here. Just wait and watch the game. Fundamentals: YoY on YoY Revenue and EPS Growth. Technicals : It Breached the 1-Year-Old Trendline and Consolidation around it. Last 2 Years RS compared to Nifty and Nifty has been Strong. Although Its Sector's RS Is Weak Compared to Nifty. Stock is trading above 50 SMA. It's following a...
Accumulate on dips May take support on trendline or around 3400 levels Keep stop loss of 3111
Persistent Systems have been trading in a broad range for the last few months. It has tested the bottom range thrice and now the prices are hovering near the upper range where we can also spot an accumulation and a confluence of the upper range and another resistance trendline. As for the bearish section, there is a confluence of 200 EMA and the support...