NIITTECH
RANGE BREAK TRADE IN NIITECH JAN FUT WAIT FOR A CLOSE ABOVE OR RANGE BREAK TRADE IN NIITECH
JAN FUT
WAIT FOR A CLOSE ABOVE OR BELOW THE RECTANGLE
MOSTLY THE BREAK WILL BE ON THE UPSIDE
FUT TRADE
BUY@1230 (CONDITIONAL)
STOP@1210
TARGET@1250
LOT:750
QTY:2
NIIT Technologies Bearish trend NIIT Technologies Short position suggested. Reasons:
1. Three black crows candle formation
2. Increasing open interest with with falling price suggesting short positions
3. Second time hitting 200 SMA as well as EMA from above and closing below it.
4. RSI falling and in weak zone
Short trade suggest. Follow VWAP trade and have a watch at open interest data. Price trading below vwap with any increase in open interest will confirm short trade with maximum 130 point lower trade from 22 nov closing price.
Disclaimer: Above analysis is only for Educational purpose. Trades subject to market risk. Trading Motto: "Risk comes first and rewards follow."
Short NIITTECHFacing resistance around 1230 (FIB resistance). Made a high near that level and couldn't sustain.
T1: 1113
Sl : 1233 (closing basis)
NIIT TECHNOLOGIES #SELL BELOW 1172INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 26, 2018)
NIIT TECHNOLOGIES #SELL BELOW 1172
infy chart structure and levelsinfy given a signal to go long on friday after a consolidation now its trying to reach again to its class ! or i must say CLASS APART!
tech m , weekly levels the stock had not performed yet , and is one of the most badly beaten stocks in the IT sector thus , now to maintain the index the stock need to perform and current structure as far as its above 650 looks very well!
Short NIITTECH BELOW 1133Short NIITTECH Below 1133
T1 - 1127
T2 - 1121
T3 - 1116
SL - 1141
*Always Trail SL
NIITECH levels for tomorrowTrade in the zones .. know the price action supports and resistance for the stocks tomorrow.
Ascending Head & Shoulders!There is a Less Probability of Neckline Breakdown of the Ascending Head & Shoulders of NIITTech since the company is Fundamentally strong, but you never know!
I do see more upside in this stock! For long term investors 600 could be reached within couple of years!
NIIT LImitedThis stock can be accumalated here keeping a SL below 504
THis stock has been oversold on all indicators and a bounce back is expected,
DO your own research before investing or putting money in it.
NIIT Tech BreakoutYou could call it and Inverted H&S breakout or even a Rounding Bottom/Cup and Handle Breakout.
Target 1 is given as immediate resistance
Target 2 is given as height of the bottom to breakout / height of the head.
Trail SL once T1 is achieved.
R/R ratio looks great.
Let's make some money! Happy Trading.
Breakout from Accumulation zoneIt has been observed in the chart that NIITTECH given break out at 447.5. volume also picked up and bounce from 200day MA. watch near 440/448 for target 530/580 stop loss below 420.
NIIT Tech: Gearing up For A Nice RallyNotice how the sequence of lower highs and lower lows was halted and price flipped around since September lows. Am watching this stock for a breakout above 450 to add more to my holding.
