Date: 05 April 2021 Time to shift in IT sector as the results will be declared from next week onward. The Nifty IT index is showing a possible breakout on the symmetrical triangle pattern. It indicates that IT stocks will be the top pick in April 2021.
NIFTY IT IS HAVING DEEP CRAB PATTERN BUT CANDLE MUST CLOSE ABOVE BLUE LINE FIRST I AM BULLISH ON MARKET TRADE AND INVEST AT YOUR OWN RISK
Have IT stocks in your watchlist as the Q4 results are near and IT sector companies are the 1st to declare results.
Analysis mentioned on chart
#MINDTREE:- BUY ON DIP 1820/1870 Range for Target 2100/2200++ With Stop Loss 1700 (DCB) #Disclaimer:-I just shared view for only educational purpose. #priceaction #MINDTREE #CHARTS_INSIDERS
NSE:INFY if stocks go below current candle one can short as per their intraday trade setup and one can go for swing short after such conformation. ******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. we are...
Major resistance: 1380 Major support: 1300 The Indicator Used: Panel 1: 1) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation.
Nifty IT - 03-03-2021 In the monthly chart, the IT companies faced profit-booking in Jan as well as Feb after touching the resistance line placed at an all-time high. Candle of march is looking strong and again this month it can try to break the resistance line.
NSE:TCS go long if find reversal at PRZ. ******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. we are not SEBI registered.
#niftyIT seems bullish as you can see Inver HnS spotted inside symmetrical triangle...
watch IT in this week. expecting a good up or down movement in the stock. and IT may give good intra opportunities in this week so keep watching guys.levels explained in the chart. thanku
watch IT sector guys hcl tech in a major support zone. horizontal & trend line both supports are good. if it fall it may be the better opportunity.chance give a shorting opportunity. so intra players keep an eye on it.especially hcl tech.okay. hope u understand my points. hey note dont look for patterns....go with opportunities😊😍
Expecting an upmovement in IT sector keep watching guys.anytime it can give you good movements. for intraday players.
sell below 2493 for target 2400 else buy for bounce back from support
NSE:MINDTREE ------------------------------- PRZ level is 1681 to 1700 (Resistance) if one can find reversal then only short for intra or swing. ******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. we...
NSE:INFY sort on card till those levels one can long , at PRZ one can short as per their trading strategy.
1. Beauty of resistances and price action analysis. 2. Once it breaks out 1610 , it can go like rocket and keep a profit of 2% in your swing trade analysis 3. Keep stop loss as 1596 rs and exit if it breaks without any emotions.