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TECH

Undervalued stock!!!!A stock price is defined by its fundamentals, growth rate and financial performance. When compared to KPIT Tech which opreches in same industry and being Tata tech's closest competitor it has been given PE of 85 while Tata tech is valued 70 which is 15 points lower then KPIT tech. As per Q3 result of Tata tech TTM eps is 17.15 and with PE of 85 its current value of stock should be around 1457. I know a lot of people must thinking about exiting from this stock but its the time when and should acquire as many shares as they can. You weed to keep it in your mind that companies of Tata group are way more trustable than anything on any other stock listed in the market and consistent growth makes. So all you need is keep buying as much as you can and wait for the market to give it its right valuations and then you'll be rewarded. Keep patience markets are unfair most of the time wait for it to be fair with you. If you can remember Tata motors it was trading of 80 3 years ago no one raised and it slowly went to around 1000 making it a 10 bagger. So my advice for Tata tech investors is to just accumulate as many quantities as you can and wait for if you will make really good profit. IN Stock market patience is rewarded.
NSE:TATATECHLong
by TodaysSuperMan
1
Breakout in WIPRO ?Despite a negligible decline in Q1 earnings, Wipro has experienced a strong breakout today. While there has been some profit booking and a minor correction after the significant momentum, it would not be accurate to consider it a false breakout. In fact, there is still significant potential for further growth. After a 50% correction, Wipro is now set for a promising upward move. The IT sector, including companies like TCS, Tech Mahindra, Mindtree, and Infosys, has recently shown strong momentum. This suggests that Wipro might join the rally and experience similar upward movement. Considering the current price range we will not set the target more than 6% at this juncture. As an another strategy we can also wait for the price to give a pull backs to its breakout line and then taking the trade will make this trade less risky. It was just my analysis. Do your own due diligence before investing.
NSE:WIPRO
by BullishLine
HCL TECH --POSITIONALHCL TECH ---POSITIONAL-- DAILY CHART 1. HCL TECH seen trendline breakout on daily chart at todays daily candle 2. Stock seen double bottom formation at 880 sub level before breakout done today 3. trix line seen bullish crossover at current level . 4. one can BUY 935-945 for positional target 1000-1050-1100 ( 1 Month) Stop loss can be place bellow double bottom level 875 THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk .! HAPPY TRADING. !!
NSE:HCLTECHLong
by champtrade111
1
HCL TECH --- INTRADAY SETUP -- 04/07/2022HCL TECH -- HOURLY CHART -- INTRADAY SETUP -- 04/07/2022 1. HCL tech seen trendline breakout last hourly candle on hourly chart 2. Stock seen 44 , 200 HMA support at bellow last hourly candle 3. stock trading near channel bottom support pullback can seen from this level 4. Histogram seen supply decrease at current level from oversold level , double bottom formation also can be seen . 5. BUY can initiate at intraday between 970-975 for target 980-985-990 with stop loss bellow trendline support at 960 6. support and resistance shown on chart by arrow mark ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk ! HAPPY TRADING !!
NSE:HCLTECHLong
by champtrade111
1