CIGNETI TECHNOLOGY TARGET 962CIGNETI TECHNOLOGY monthly long uptrend breakout. If it opens above 765 and sustains above 803 in the day chart it will reach 962.
CIGNITITEC trade ideas
bullish based on mark minervini 3q sales , profit margin and eps growth , also eps jumped last quarter , sales growth >> than last 3 year
Cigniti Technologies- 1 Year long resistance brokenA fundamentally good company engaged in software testing business.Promoters and FIIs increased their stake.Increasing revenue and profits every year. Good breakout given- Broken the longstanding trend line. Can give a 10-15% move in 1.5 months time .
CignitiTec at ATH Head and Shoulder Bullish BreakoutWeekend Pick 2: Cigniti Tech
Fundamentals : Strong, Growing Sales, Profits & EPS. High Reserves Vs Low debt. Promoters and FII holding increased..
Technicals : Bullish, HNS pattern breakout, LTH breaking multi year range, RR - 1 : 2.5
R1: 820
R2: 900
R3: 1000
SL: 630
CIGNITITECH near IVHS breakoutCIGNITITEC has been forming an inverted head and shoulder pattern from last 1.5 years and is currently near breakout of the neckline.
It can give a good upside move if a strong weekly closing above 639 levels is seen.
Idea shared just for educational purpose.
CIGNITI TECH-BREAKOUT ABOVE 52 WEEK HIGH--EDUCATIONAL PURPOSECIGNITI TECH-BREAKOUT ABOVE 52 WEEK HIGH--EDUCATIONAL PURPOSE
Trend continuation expected as stock has given breakout above 52 week high.
Buy on retest near 670-675
Target: 985
Stoploss : 515 on weekly closing basis
Time target: 18-24 months
This software services company has picked up bullish momentum!This software services company has picked up bullish momentum!
NSE:CIGNITITEC
Cigniti Technologies Ltd is engaged in providing quality engineering & software testing services to clients across various industries. It was incorporated in 1998 in Hyderabad, Telangana.
Total Revenue for this quarter increased by 33.34% year-on-year
EBIDTA for this quarter increased by 71.89% year-on-year
Net Profit for this quarter increased by 75.33% year-on-year
EBITDA margin increased from an average of 12.67% over the last 4 quarters to 16.47%
Net Profit margin increased from an average of 8.17% over the last 4 quarters to 10.68%
Technically the price has run up a bit, but it could still be considered for entry on pull-backs
Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
CIGINITI TECH LOOOKING FLAMING HOT !!CIGINITITECH looking so flaming hot and min. 50% return on the investment keep sl at 585 and target 1000/1500+
CIGNITITECCIGNITITEC:- Head and shoulder pattern has formed on the weekly chart, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Cigniti Technologies LtdInverted Head & shoulder Breakout in Cigniti Technologies Limited with very high volume...
Cigniti finally BO abv 675#Cigniti strong BO and close abv 675 closed at 683. Technically IHnS is formed which is very strong bullish pattern.
Ciginit showed strong qtrly results. Can be added for further move to 750/850/1000 for midterm.
Cigniti tech buy sideCigniti tech is looking good for buy side as it is taking support near strong previous resistence level. Stock has also formed head and shoulder pattern and is trading near neckline level.
Cigniti Technologi Weekly Chart Cigniti Technologi Weekly Chart Analysis. Stock Forming Inverted H&S Pattern. Breakouts soon candidate.
CIGNITITEC Getting Ready after Perfect Cup and Handle CIGNITITEC Getting Ready after Perfect Cup and Handle . Ready To Retrace and Once Breakout , It Can Go Nearest Up to 670 Levels . Long Term Levels are Too Much Upside .. Keep Watch :) NSE:CIGNITITEC
Cup & Handle Breakout in CIGNITITECCup & Handle Breakout in CIGNITITEC
Entry: 617
Target 1: 670
Target 2: 815
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Cigniti Technology: Bullish breakout readyCigniti Technology (A Bangalore based AI company) has shown a very promising breakout structure after 10 months of rounding bottom formation.
Most likely their recent Q2 results has some spark in it.
Reasons:
High Volume
Rounding bottom formation since Dec'2021 and finally it's breakout ready.
Long with SL of 580, target: 640/660. CMP: 620
YR 2022 Idea #138: Long on CIGNITITECThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Swing trade setup for CIGNITECHAs you can see beacutiful divergence i s find in RSI as well it closed above today so its clear and good chance for entry tommorow
Buy above 504
Target first--600
target second -650
sl- 480
Trade is for education purpose trade on your risk
trade risk reward is 1:5
CIGNITITEC | INHS + Trendline + Supply zone breakout - 30%CIGNITITEC | Breakout above Previous supply + INHS + Trendline - Looks potential for 30%
CMP : 502 (Dip : 490)
SL : 470
Target : 660
1:4+ risk reward setup
Intresting Chart - Keep an Eye on it#Cigniti Technologies
quality engineering to Digital transformation @low Valuation with near by strong support
Short - Target as per chartThe stock is trading below 50 DMA and also has consistently fallen. It has formed Head and Shoulder Pattern and will trgt as marked o the chart.
The analysis is for academic interest only
Cigniti LongBullish Structure..
Bounce from Support..
Recent volumes looks good..
Details in the chart...
CIGNITITEC | 8 years range breakout and retest - InvestmentCIGNITITEC | 8 years range breakout and retest - Investment
CMP : 565 (Dip : 500)
Taking as investment pick to hold few years based on this monthly range breakout.
