Buying on Demand Zone. Price and Trend line Support. There was buying in IT Sector. Keep an eye on IT sector. Views are personal, not any recommendation.
NIFTY IT, overall in very strong uptrend, now moving in bullish wedge. And also in smaller time frame if you will see it is moving in symmetrical triangle. Wait for the symmetrical triangle breakout to take buy trade on IT stocks.
Tech Mahindra can be used for a good short set position depending upon the price action. The closing price today (25 May 2021) was at a very interesting point. At 15 min time frame, it closed below 50 EMA but took support from the trend line. Short intraday position can be taken if a 15 min candle closes below the trendline with a target till 200 EMA and stop loss...
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for...
note guys this is not a buy recommendation sell side below 800 level 💢forming descending triangle 💢interesting buy from promoters in the last year 💢expecting an upside breakout about the company ✨Accelya Kale Solutions Is a Software solutions provider to the global Airline and Travel Industry.✨ thank you like✨comment✨support
NSE:HCLTECH As one can see stock at harmonic PRZ one can long from this level with the stop loss as mentioned on chart. please do your own analysis as well before trading or investing. Be Independent Trader. Learn Apply Grow. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation....
As you can see in the chart. If we crosses above resistance of horizontal trendline marked in the chart we can see huge upside movements in the coming week. Keep a look at the nifty IT sector in the coming couple of weeks.
NSE:COFORGE if you know reversal trading then only trade on this chart , as one can see there is mentioned reversal zone and stop loss. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them....
Note to self.....relative strength since mar 2020
MINDTREE has more steam to make newer highs. With Nifty IT getting stronger previous winners has strong chance to lead next bullish run. But it again all depends on broad market performance in coming days. Overall Nifty50 and Nifty500 is not doing good therefore hopes are low on other indices too. Key information: 55D Nifty price change: -4.02% 55D Nifty...
Nifty IT has entered a long upward parallel channel and may follow it in coming days. RSI showing weakness therefore it is very much possible index breakout of parallel channel and further consolidate within the rectangular range shown in past few weeks. Please do leave comment and share feedback. Any feedback is welcome. Thanks.
nifty it has multiple resistance on all multiple on 4h chart
nifty it is making channel pattern we can short the nifty it stock like infy, coforge, mindtree, tcs etc .
COULD SEE BULLISH MOVE IN THE NEAR FUTURE IF IT COMPLETES CUP AND HANDLE PATTERN.
BOLLINGER BAND AND TRENDLINE BREAKOUT IN DAILY CHART, ALSO RSI CONFIRM.
HCL Tech cross over happening in 1h but with the sl of 898 with the target 1025 If it travelling in a parallel channel it may go upto 1120 good luck all
Simple Price Action. A beautiful classic conventional Flag Pattern on display. Ride the Trend after the breakout. Time to make Hay while the Sun shine.