TCS on fire, breaking trendline. Buy TCS Active cmp 3284 Target 3340 -3350 SL below 3248 Closing Basis
NSE:INTELLECT Intellect Design Arena Ltd LONG trade . Reason to go long : 1 . Taken Fib support of 61.8% 2. 2 Bullish Marubozu bullish candles . 3. Emerging IT player 4. String YoY results 5. Bounce Back on the Volume profile level ( Demand Zone ) Buy @ 455-460 Lvl SL @390-388 Tgt 1 : 515 Tgt 2 : 570 Tgt 3 : 620
The presistance system is the IT sector good stock to buy the current level the weekly chart is clear show that dec 2021 the 5018 is resistance level. but currenlty the share is brackout and now the price is pullback. If you are buy this level, this is the low risk & high return expected. Note:- This is only for education purpose// for more subscribe my youtube channel
📈 INTRODUCTION 🚀 In this technical analysis, we'll explore the breakout in Tata Elxsi's price. Please note that this analysis is for educational purposes only, and I am not a SEBI registered analyst. Let's dive into the details! 📊 KEY DETAILS 🚀 🔹 Tata Elxsi's price has been facing resistance since October 2022. 🔹 The resistance supply zone was around 7445 to...
The stock COFORGE is buy on every dips as long as its above 4100 levels , keep sL at 4000 levels and buy gthe dips , risk reward is highly favourable and can give good targets of 4900/5100/5500 in coming days if view goes right
Wipro has clean 5 wave rise we can expect minimum 422-448 in next leg up risk reward is very good for this trade.
This is not a perfect analysis for "Harmonics" because harmonics activates only when level "B" breaks, and bullish harmonics usually use to buy only but here m presuming the bearish move. So my view may be wrong but by looking at the all red day candles i'm assuming the bearish move.
The price action of LTIM suggests that it is in consolidation for a couple of months. the supply and demand are now in a 10-12% range. the script had attempted fake-outs in the past as well which failed at trendline resistance areas. LTIM needs to give a close above this level for any decisive move Failure to close above 4800 makes it a strong resistance...
Route mobile is looking for great buying opportunity after formed descending channel & Lined up with the double bottom formation and has a potential movement to the upside.
NSE:HAPPSTMNDS Happiest Minds technologies had a breakout in today's session. The stock was under continuous downtrend and then finally in today's session it gave breakout. The stock with projected Targets and swing is defined over the chart. A perfect candidate for swing trade
TCS is making a kind of cup pattern on daily time frame also we can see IT sector chart is looking bullish now a days and today retest is also done so as per my analysis I found good risk reward 1:3 in this trade.I'm bullish on this particular stock. What's your opinion please share. Happy trading.
TCS is looking good to buy as its quarterly result is on the corner. Also, the chart shows strong support at the 3200 to 3300 zone. one can take a position on TCS as it has an excellent risk-reward ratio this position. stop-loss marked with the red line on a daily closing basis. targets are kept in the green line thank you!!!
In the chart, one can appreciate the downside of Elliot's correction. Wave 4 of the Elliot has taken the form of a triangle. As I mentioned in my previous post about the correction in IT, one can also expect a bearish run in FSL. Expecting a target of 96 to be reached within this month.
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TCS has given a breakout today & it's also at a good level to catch Why TCS over all other IT Stocks NSE:TCS Reason: Strength When all others were in sell-off facing selling Pressure. It was the only standing man. Where the candles were forming was quite demanding. Similarly, I've told some stocks in the Nifty Infra setup NSE:ULTRACEMCO NSE:GRASIM ...
Although the price of Birlasoft stock is clearly falling, it is currently trading near to its weekly and monthly support levels. The weekly and monthly support zones are where the stock is most likely to find solid support, and it is also where it is most likely to climb upward from. The fundamentals of the stock are also very strong and have released recently...
From among the IT Pack, Infy is the one I'd love to keep a watch on. From the high to a 30% correction, the stock is slowly inching its way up. Forming a double bottom pattern, the current price is hovering near the neckline. Positive with initial targets of 1750, 1900 and 1950. Above 1950, we can expect good move upwards. The stock has strong support at...
HCL TECHNOLOGIES has beautifully taken a support at 0.5 Retracement level and its 200 Weekly Exponential Moving Average. If we try to see the importance of 200 Weekly Exponential Moving Average for HCL TECH, then you can observe it has been rarely been broken by HCL TECH(Year 2008 & 2020 shown in the chart). Rest of the time when market is not in a panic mode HCL...