RSI breakout happened. so can take long Keep a tight sl on lover level and target on higher one
3I infotech closed at a 5+ year weekly closing high this Friday and breached a 5 month old resistance trendline while doing so (red tl on the chart). This breakout has come on the back of high volumes and it will most likely sustain and the stock will move higher in the short to medium term. The three blue horizontal lines shown on the chart represent important...
3i infotech - CMP 8. Following cup and handle patterns for quite some time. Looks like it may go up in short term for a target of 11-12 with a sl of 6.8 on closing basis. Recent uptrend in volumes and making higher highs and higher lows also is a positive sign. This is purely for educational purpose and any investment shall be done with consultation of financial experts.
3IINFOTECH Cup and handle pattern formed in Day Time frame Buy above 2.95 to CMP 3.25 Stop loss 2.19 below day candle close Target 4.80 This is education purpose only.