Selling
NIIT TECHNOLOGIES #SELL BELOW 1172INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 26, 2018)
NIIT TECHNOLOGIES #SELL BELOW 1172
JUST DIAL 30 MinThe stock continues to be under pressure and the rally shows that it has reached a Fibonacci cluster confluence of resistances as can be seen on the charts. So one should look at some intraday shorts as dips towards 355 is very much on the cards. The rally towards 371-374 can also be used for shorting as markets are showing some pressure today and this stock could be targeted by the bears.
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Hexaware - Facing Resistance Selling Pressure (Sell Setup)It is been observed that the price action on daily chart, firstly breakout from a downtrending channel, indicating bullishness. It did go up and now it is facing a high selling pressure at the resistance between 205-210 levels, which may correct the price action to 195 levels where again a heavy buying can been seen.
Target: 195
Stoploss: 211