IT
ZENSAR TECH #IT for short term🎯🎯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 expecting a good return in 3-6 months.
🧩the stock perfectly respecting the uptrend channel ,@260-65 range there are 2 supports
✔ fisrt one strong horizontal support
✔ second one uptrend channel support
🧩anyway i feel it's a good time to enter.
1 day frame👇👇👇respecting the uptrend channel 🔥
if u r investing study then invest.thanku
guys,🤨
please like💢💢comment💢💢support
Wipro for a target of 460+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.
LARSEN & TURBO INFOTECH # BEARISHBREAKOUT # BEARISH TREND START .....MAINTAIN LEVEL AS MENTIONED IN CHART
COFORGE ON A VERY CRUCIAL SUPPORTCoforge is taking support on a trendline on 4 Hour timeframe.
And taking a horizontal support too at around 2420.
And according to the short term fibonacci it is exact at 0.236 and according to medium term like from 21 Dec it's at 0.786.
If it takes support at 2420 and Nifty is also bullish then wait for an 1 Hour candle to close above 2450.
Summary For Swing
Sell Below 2400 if nifty is bearish with a SL of 2451. With a target of around 2317.
Buy above 2450 if any 1 Hour candle closes above it with a SL of 2394. With a target of around 2547.
Can also do Intraday.
Mindtree ready to blast offMindtree is trading near its previous resistance (1600), as the market is hitting a new high and near (ATH), there is a good probability of another breakout (Upside) in Mindtree targeting 1700 levels.
Buying zone - 1520 -1600
Target - 1700, 1700+
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
Is Indian I.T sector rally over? " Shooting Star Pattern" 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 , NSE:TCS
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk & will.
TCS - LONG TERM SUPPORT + TRIANGLE PATTERN + NR7THE TITLE PROVES THAT THE STOCK SHOULD BE IN WATCH. AS YOU KNOW THE LAST WEEK SHOWED THAT THE TWO MAIN LAGGARDS WERE PHARMA AND IT. SO THE IT STOCKS SHOULD BE ON THE RADAR.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
infy trade setup stop loss targets and personal views infy i see the stock shown underperformance as compared other stocks and added to it not shown much to help index in the recent upmove
now as index is 1000++ point up in 4 /5 days
a pullback cnt be denied
thus the responsibility to hold comes on shoulder of non perforforming counters
Infosys wait for 590 levels to accumulate/investAs IT sector, already had it's much-awaited bull run this year. If already invested in NSE:INFY , then with the Q2 2018 results you can exit or short at around 720 levels for a target of 590 odd levels.
Must start accumulating it from around 590 levels and buy on every dip from there.
Note: Also it formed a Bearish Engulfing on a monthly time frame
TCS can touch 2000 in April2. TCS moving within a channel since 2nd week of march.
3. It broke a sub channel and 20 ema on 1st of April but found support at lower boundary of bollinger bands.
4. TCS now trading above 20 EMA and since bollinger bands are contracting a brekout is eminent in few trading session.
5. For coming week 1700 will act as strong support. go long above 1800, short below 1700.