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8 0 2
NSE IT - monthly

The log-normal monthly chart of NSE IT. The price is approaching the upper part of the rising parallel channel.

Lucifer759 Lucifer759 CNXIT, 60, Long ,
25 0 0
CNXIT, 60 Long
Tech stocks may be in for another rally

Applied Fibonacci levels to IT index. Index seems to be closing above it short term resistance oh 16086 level. A strong breakout above previous highs of 16130 will be a buying opportunity in Tech stocks like Techm Infy TCS Wipro Mindtree which have been strong. Weaker rupee may be a trigger. But one should wait for a breakout and not hurry since they have rallied ...

103 0 6
Nifty IT index (CNXIT) channel study on weekly chart

Nifty IT index (CNXIT) channel study on weekly chart Nifty IT index is currently finding resistance at the channel median line. Once broken it could move towards the channel top.

120 0 13
NIFTY IT (CNXIT) trendline on historical chart

It has been observed on NIFTY IT CNXIT weekly chart that a rising trend line has been acting as good support and resistance on several occasions. PS: Request you to use this trend line setup as a supplement to your analysis before taking any position. Thanks, tRex Jurassic Park

VishnuTalanki VishnuTalanki TCS, W, Long ,
114 0 2
TCS, W Long
TCS Ascending triangle based LONG

TCS seems to be a LONG based on ascending triangle pattern, if it breaks the resistance line with confidence.

tRex88 tRex88 ALLSEC, D, Long ,
111 0 7

ALLSEC TECHNOLOGIES Buy above 400 Target: 600 SL: 342

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