CIGNETI TECHNOLOGY monthly long uptrend breakout. If it opens above 765 and sustains above 803 in the day chart it will reach 962.
3q sales , profit margin and eps growth , also eps jumped last quarter , sales growth >> than last 3 year
A 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 .
Weekend 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
CIGNITITEC 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 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! 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...
CIGINITITECH looking so flaming hot and min. 50% return on the investment keep sl at 585 and target 1000/1500+
CIGNITITEC:- 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...
Inverted Head & shoulder Breakout in Cigniti Technologies Limited with very high volume...
#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 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 Analysis. Stock Forming Inverted H&S Pattern. Breakouts soon candidate.
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 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 (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
This 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. ...
As 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