#wipro #INTRADAY -Can short below 650 if a 15 min candle closes - Profit booking in IT - Bearish engulfing candle formed in daily charts #investments #StockMarketindia #trading #priceaction
I think it's good to book profit from the IT sector. What do you guys think comment below
Happiest Mind | Candles open and close above 1535... big rally coming soon... Potential 17% up
Given a strong breakout with big green candle, looking for a retest if it gives any. Expecting atleast 15% up move in the forthcoming months.
INFY has a lot of fuel left for a good swing when compared ro its sector, infy is presently trading at 7% discount.
Setup mentioned on the chart, I would like to keep the SL as WCB.
Sharing only for the purpose of learning. IT sector may lose some steams after this wonderful rally. Fibonacci Projection as shown reached the 1.414 levels in a single rally. Few stocks showing some retracement signs on charts. It can retrace or again start his journey again as few stocks still seem very strong on charts as below. - TCS - Mindtree ...
A very simple triangle pattern breakout can be seen Strict target and sl are required
Index is respecting the rising trendline support and bouncing ever time it touches the demand zone,, bullish candle formation after small consolidation,,, MACD have given positive cross over after the retracement of last up move , indicate up trend is intact and will continue RSI have started making higher high and higher low after the retracement from 90 to 50...
As of Now My View With IT SECTOR is BULLISH... INFY Took Resistance 1588 and then we see Profit Booking which was expected after BOOM in ITSECTOR No we Have Some levels for NEXT WEEK ... If infy take SUPPORT from TRENDLINE which is near- 1552-1556 then we will take trade for target of 1588 and if it broke the TRENDLINE then take trade at 1540 and target will be...
As We can See Mindtree Formed the ASCENDING TRIANGLE PATTERN this is Bullish Pattern which shows that the stock made good base and ready for up move .. Buy Initiate Above- 2745 SL - 2715 Target - 2750/2790 Do Like And Follow For More Ideas
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
Intraday Simple Price Action Setup Buy Above - 2710 Short Below- 2683 SL - Own SL But As of now my view is still bullish on this sector .. Tommorow it might give another upmove... Happy Trading...Safe Ur Capital Use it Wisely
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
"Nazara ka ab Nazara dekho" Breakout today with good volumes. Small consolidation at support is over. Last two candles are thick. Looks impresive. IT sector is rallying for last few days. Keep this one in radar. This post is for information purpose only.