NIFTY IT

NSE

CNXIT

Hi all, CNXIT will move one more upside look for breakout of trend line Entry 16197 Exit 16085 Take Profit 161485; 16625 If you have any Question feel free comment below and if you agree with my ideas let me know by your likes Thank you for your support --Prabhu Rajarathinam

Its said, "Do not practice until you get it right. Practice until you can not get it wrong". When newbie traders learn a concept, they forget the fact that they have to gain experience by practicing using small position size and sharpen their skill set around that concept. Instead they learn a concept, try it for few days, then when they face difficulties, they...

ghstocktrading.webnode NIFTY IT: WEEK-TECH-SHEET->10th June 2019 to 14th June 2019 NIFTY IT moves around +336.45 pips from 10th June 2019 to 14th June 2019, in which nifty IT break last week 3rd June 2019 to 7th June 2019 top 16391.00.

ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->3rd June 2019 to 7th June 2019 NIFTY IT moves around -418.25 pips from 3rd June 2019 to 7th June 2019, in which nifty IT break last week 27th May 2019 to 31st May 2019 top 16197.35.

refer chart for details

I am looking this could move up for another smart move it will be high likely slow so

ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->27th May 2019 to 31st May 2019 NIFTY IT moves around +670.95 pips from 27th May 2019 to 31st May 2019, in which nifty IT break last week 20th May 2019 to 24th May 2019 top 16009.65. NIFTY IT: Breaks April Bottom: 15662.55

Nifty IT Given Breaout Upside CMP 16009 Above 16050 Can see 16151 - 16264- 16406- 16500- 16720+ Keep on Radar - TCS, Infy, HCLTECH Will lead this ralley in IT

ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->20th May 2019 to 24th May 2019 NIFTY IT moves around -547.80 pips from 20th May 2019 to 24th May 2019, in which nifty IT break last week 13th May 2019 to 17th May 2019 bottom 15642.95. NIFTY IT: Breaks April Bottom: 15662.55

ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->13th May 2019 to 17th May 2019 NIFTY IT moves around -452.75 pips from 13th May 2019 to 17th May 2019, in which nifty IT break last week 06th May 2019 to 10th May 2019 bottom 15911.95.

As expected in our post on 7th May, CNXIT corrected below 15700. It has already broken trend line support on hourly chart. Index is expected to trade weak to sideways till the time it is trading below 16100. Incidentally, 16060 is 38.2% retracement support of entire correction which coincides with resistance line. Hourly close above 16100 will negate the downtrend...

follow

all index showing reversal in H and S format

ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->06th May 2019 to 10th May 2019 NIFTY IT moves around +313.90 pips from 06th May 2019 to 10th May 2019, in which nifty IT break last week 29th April 2019 to 03rd May 2019 bottom 16065.45.

CNX IT has broken out of very short term uptrend with huge gap. Breakout gaps are normally filled over a period of time. It has already come down below 20 DEMA. Stochastic is showing downward momentum and still some heat is left for seller. Traders can initiate short in CNXIT at cmo 16145 and on rise towards 16240 with stop loss above 16400 for target 15830-15760....

ghstocktrading.webnode.com NIFTY IT: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019 NIFTY IT moves around -654.95 pips from 29th April 2019 to 03rd May 2019, in which nifty IT break last week 22nd April 2019 to 26th April 2019 top 16523.75.

It seems to hit upto max. 17000 and then reversal is possible. The chart explain everything.

This is one of the most frequently asked question, "After 2 or 3 years of trading also why I am not making profit in trading although I am learning & improving myself ? " . Well, everybody is different and we all face different situations in life. Everybody is unique and their trading is also unique. First reason is not knowing what type of trading suits you....