MapmyIndia is one of my favourite stock among small cap IT sector which has now done a breakout retest and is available at an amazing price.
If stock gives weekly closing above 1900, we will see ATH levels soon. However, I expect bigger targets from stock as given on chart.
A very good investment stock as well since the company provides API solutions as a...
📈 Stock Name - C.E. Info Systems Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 2036.
🚨Disclaimer: This is not a Buy or Sell...
A long position opportunity presents itself in the cash market stock MapmyIndia, as a reversal is observed alongside a bottom formation from its IPO price.
*Technical Analysis:*
MapmyIndia's stock price is showing signs of a bullish reversal after experiencing a period of consolidation near its IPO price. This reversal is supported by a bottom formation pattern,...
NSE: MAPMYINDIA is closing with a bullish consolidation breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 12% to 20%...
Entry: above 2275
SL: weakness below 2130
● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
● Good up move of 40%
● Price retraced from 50EMA
● Price again getting tighter along EMA10 & 20
● Dry volumes
BUY - C.E. INFO SYSTEMS LTD
CMP - Rs. 1004
Target - 1: Rs. 1203
Target - 2: Rs. 1420
Target - 3: Rs. 1535
.
.
Technicals - Bullish Black Swan Harmonic Pattern
.
.
This is just a view by an expert analyst, please trade at your own risk.
.
Follow me for more!
NSE:MAPMYINDIA is nearing triangle breakout
Entry : Wait for breakout with volume above average and then take position
Exit : When the setup is invalidated by false breakout
Target : T1 1500 T2 1650 T3 1800, giving around 11% 22% 33% returns from current price of 1345.95. Follow trailing stoploss as T1 while waiting for T2, etc.
Smallcap IT related company with...
