Nifty IT on the verge of breakout Cup and holder pattern in making This is my analysis. Do your own research.
Nifty IT 3 time test Now Ready for Breakout HCL WIPRO...
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!!!
NIFTY IT showing strength. Post B/O the majors have potential to move 15-20%
The last 2 Year's chart is shared here. Just wait and watch the game. Fundamentals: YoY on YoY Revenue and EPS Growth. Technicals : It Breached the 1-Year-Old Trendline and Consolidation around it. Last 2 Years RS compared to Nifty and Nifty has been Strong. Although Its Sector's RS Is Weak Compared to Nifty. Stock is trading above 50 SMA. It's following a...
#NiftyITBees breakout above 31.50 for long term Investing
With buying volume being noticeable and selling volume being extremely low and barely noticeable, LTTS is currently trading in a bullish trend. The stock is also trading on daily demand zone, which is seen on lower time frames as well. For a low risk but high return trade setup, This makes it an ideal opportunity to plan our buying entry at this zone while...
Nifty IT has corrected severely this week with the maximum correction coming today itself. We will watch closely as to whether the 100 Weekly EMA can be held or not. Neutral view for now as I believe time wise correction is remaining. Bearish below 100 weekly EMA.
Accumulate on dips May take support on trendline or around 3400 levels Keep stop loss of 3111
Key highlights: 💡⚡ On basis of Weekly Time Frame 📊 Currently NIFTYIT has given Double Bottom Breakout with confirmation. 📊 Keep an eye on IT sector's scripts. 📊 Example : LTTS , COFORGE , TECHM 1st Target - 32816 2nd Target - 34381 Support - 30559 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to...
*MTAR pop out from a good consolidation after couple of weeks *Breakout with huge volume candle *candle size is huge so the problem is where to enter and put SL? 1. if next day forms a red candle , retrace towards 1680-1700, take entry and keep SL below the engulf candle 2. if not happen, SL will be huge that is 9% ...
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...
nifty it looking strong , ready for breakout buy above 28000 tgt-28200\29000 AFTER LONG TIME NIFTY IT READY FOR BREAKOUT, CATCH IT STOCKS BEFORE BREAKOUT LIKE ,WIPRO,INFOSYS ETC FOR ANY QUERY MSG IN COMMENT
Nifty information looking good finally on daily chart by breaking a horizontal trendline resistance and looking bullish in setup for coming sessions MACD indicator divergence giving positive divergence signals too on daily chart, That is why I am looking fresh long opportunity in this oversold index stocks.. Cause of Long 1- Horizontal resistance trendline...
Nifty IT forming a double top patter. Stocks to watch out: 1. TCS 2. HCLTech 3. TechM 4. Infy
add this to your watchlist and wait. midcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ; if you are intrested in investmet, go for it with small risk, more possibility is there for breakout.
TCS SPOT CMP :- 3366 Counter is trading around resistance zone as per descending parallel channel formation. counter might face resistance in zone 3364 to 3381 levels, this range should be used to exit your long positions, view gets negated above 3422 levels, fresh investment recommended above 3425 on daily closing basis, down side counter might retrace upto...
INFOSYS AT 1590 levels is around strong supply zone, Descending parallel channel resistance around 1610 levels Horizontal resistance around 1602 to 1630 as per previous swing high levels, Bearish divergence on RSI with respect to price, Bearish wolf wave formation, where price are trading above the structure formation which indicate overbought situation...