Cigniti Technologies Ltd
1) Time Frame - Monthly.
2) The Stock had given an All time high breakout & It has been in a Consolidation since (November, 2023). Now It has given a Consolidation breakout & Closed above it's (November, 2023) High with good bullish momentum candle in Weekly Time Frame. One can consider entering here with weekly TF or Should wait for the...
This is the analysis of CIGNITITEC in Weekly Time Frame. Watch carefully. The chart explains itself.
The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks.
There are some...
stock market at bearish
IT stock in life time high
Higher high and higher low for motion
Stock at life time high
Close at life time high with volume
No recommendation for buy and sell
Asset: Cigniti Technologies (CIGNITITEC)
Timeframe: Weekly and Daily
Technical Analysis:
Weekly Timeframe: The price on the weekly timeframe is indicating a bullish trend, highlighting potential upward momentum in the mid to long term.
Daily Timeframe: Similarly, the daily timeframe is showing positive signals, supporting the optimistic outlook for...
#CIGNITITEC trading above Resistance of 1119
Next Resistance is at 1487
Support is at 751
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Stock gives breakout of inverted head and shoulder on weekly timeframe .
CMP : 751
Target 1 : 880
Target 2: 989
Stoploss : 629
This is not a buy or sell call, this analysis is shared for educational purpose.
CIGINITI Technologies have shown a strong breakout supported with volume. Breaking the 6 months high, running towards Life high.
First short term target would be 929, followed by a medium term target of 940 and final target of 1000 in the long term.
As per trend Cigniti is going well in falling market. Today it had broken above falling trend line. This gives confident, keep trailing sL at 2% below cost.
Cignitytech was consolidating from March 2023 in 50 points range after making high above 925.
It had retraced 25% and consolidated between 795 to 745. This is making strong candidate to retest 9025 livels. First target is .382 Fibonacci level @ 832 and 0.500 @ 874. ie 3% to 8% return on investment
A flag pattern can be seen in cigniti tech stock. expecting an upside move.
this is for educational purpose only. take entry only after further confirmation from your side.
this is for educational purpose only. take entry only after further confirmation from your side.
this is for educational purpose only. take entry only after further confirmation from your...
A massive Inverted Head and Shoulder breakout is about to happen any time on closing basis, above 635 for a target of 900. I will mention the Stop loss After completion of the successful breakout.
I will keep you posted.
Please share your thoughts/opinions....very important to me.....
CIGNETI TECHNOLOGY monthly breakout from all-time high and weekly upward trend breakout with bullish. If it sustains above 920 in day it will reach the weekly target 1194
