MINDTREE is a BUY on NSE around 1086 with SL of 1046 and Target of 1170. If it comes down tomorrow and takes support around 1090 then get in the stock.
1) Breakout of 6 months bearish trend this week with large volume -- RSI also in overbought zone
2) High Delivery and OI volume in last 3 days
3) USD INR making new lows due to dollar strengthening
4) While other IT companies even Wipro made new highs, ofss has been laggard
5) 73% owned by Oracle 20% by Institutions majorly FIIs- RoE-31% but profit growth has ...
Wipro has been under performing since Jan 2018 while other peers have moved up 20-30%. It is one of the cheapest IT stock. Q4 2018 was bad due to insolvency of 2 of its customer and it had to write off 208 Cr. Growing US economy and Cur ency depreciation will provide tailwind to earnings which will be declared on 20th July.
In last 1-2 weeks stock has recovered ...
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 15-Jun-2018 for TECHM
Sell Below(5Min candle close): 697.1 for targets -
T1: 691.9
T2: 688.7
T3: 685.5
SL: 702.7
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please ...
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a RED candle on 15-Jun-2018 for INFY
Sell Below(5Min candle close): 1236.6 for targets -
T1: 1227.3
T2: 1221.8
T3: 1215.9
SL: 1246.5
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and ...
Based on my PredictiveSystem's signals, its going to be a RED candle on 04-Jun-2018 for NSE:INFY
Sell Below: 1217 for targets -
T1: 1207.9
T2: 1202.4
T3: 1196.7
SL: 1226.7
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before ...
Based on my PredictiveSystem's signals, its going to be a RED candle on 29-May-2018 for HCLTECH
Sell Below: 891.8 for targets -
T1: 885.1
T2: 881.1
T3: 876.9
SL: 898.9
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting ...
Based on my PredictiveSystem's signals, its going to be a RED candle on 11-May-2018 for INFY
Sell Below: 1165.1 for targets -
T1: 1156.4
T2: 1151.1
T3: 1145.6
SL: 1174.4
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before ...
Based on my PredictiveSystem's signals, tomorrow (11-Apr) its going to be a RED candle for NSE:HCLTECH
Sell below: 946
Target-1: 938.3
Target-2: 934.7
Target-3: 930.2
Stop loss: 953.6
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research ...
Nifty IT index (CNXIT) channel study on weekly chart
Nifty IT index is currently finding resistance at the channel median line. Once broken it could move towards the channel top.
