Nifty Analysis - Stance Bullish ⬆️ Nifty hits a new ATH and then falls over 155 points, goes below water, and then closes 23 points lower @ 22642. The new ATH is 22768. The main villain again was the NiftyIT sector which had a -1.59% 566 points intraday fall. Firstly it went up 535 points in the opening 20 minutes and then gave all that away to close flat for the...
NIFTY IT - be very very very cautions on positions. this index setup is looking really dangerous. Longs are advised only above 29400. If this scenarios gets played out, there other possibility is that it keeps consolidating for 2-3 years between 29400 and 27600 band. That will cause opportunity cost. Use discretion!!
NIFTY IT index is currently in a sideways territory , there is high possibility that the levels of 32k to 33k will act as a decider point for trend in coming days , anything sustaining above 32-33k levels will lead to a bullish rally towards all time highs , if index rejects and sees selling pressure from 32k-33k levels , there can be another big correction coming...
Analysis on 17th April 2023 Morning. Important Points, - C wave is begun after consolidating of B wave Possible Target are shown in Chart, according to Wavelength Theory using Fibonacci Tool. - 25k is psychological level also so first target will be 25k, Rest will be updated with new candles formed. Have A Good Day!!
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
Almost at the support waiting for it to be broken. The weakness is still continued in IT stocks so better to stay away. I'm looking at the targets of 28000 in coming months.
This stock is looking like head and shoulder chart patterns breakdown along with good intensity of volume, and it has started its correction as a wave A in 5 subdivisions and then wave B is small and now once price breaks below 4058 then possibly wave C must started, and it should come down in 5 legs only. Below are some supporting scenarios shared. head and...
Nifty It looks like in a clear breakdown and may test 29252 level in coming week
NSE:CNXIT As we can see, nifty IT sector chart heading towards resistance here we can not say that all it stocks will fall but some of them whichever at resistance might fall a bit for sure if this harmonic pattern will be respect by price then only. This chart is just for aware that is sector heading towards resistance, so new long entries we should...
NIFTY IT TOP Coming very soon near 38422 . it will lead Nifty 50 as well to another down fall. Beware and start making little short positions. Please consult your financial Advisor before any psoition and manage your risk accordingly. Note : This suggestion is data backed by Stock Data Science .
Nifty IT is overhyped and euphoric , as it was there in Nifty . Short Infy as it is one of the leader of IT sector after TCS .This will play role in falling of Nifty IT. Note : This suggestion is Data Backed from Stock Data Science . You can take positions after consulting your Financial Advisor . Please manage your risk accordingly.
Sectoral Correction Can be seen in CNXIT(NIFTY IT) The correction might be around 10-20% We have seen Sectoral Correction in all sectors and I think its time IT does the same Good time to buy the dip
Nifty IT - Gravestone Doji At The Top Closing Price - 37103.25 SL - 37830 (DCB) Expecting Profit Booking In IT Stocks. Stay Alert
Game Over For IT Stocks ??? Bearish Engulfing On Daily Charts & Spinning Top On Weekly Chart. MACD Also Turned Negative. Profit Booking Might Take Place In IT Stocks. Be Cautious SL - 35600 (DCB)
Nifty IT, looks like it has completed wave 3rd of bigger degree wave 5th, now it could started steps towards wave 4 as corrective, as per sector views it stocks could show little bearishness as per index predictions. Wave structure Macd in daily time frame Negative crossover Rsi downtick in daily time frame trendline breakdown in hourly time frame adx dmi...
Nifty I.T. cmp 33715 on verge to complete impulse phase of elliot wave,, and supply line resistance around current levels,, Time to book profit in I.T. stocks and choose some overbought stock to go short,, Good profit booking and reversal can be seen Fall of 10-15% in counters and index can be seen...
We all know in stock market, future is the repetition of past. Kindly take a look and decide what you think? Many events are happening around us giving sign of beginning of this fall. Don't forget to comment. Thanks.
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