NIFTY IT NSE:​CNXIT

It is said "Knowledge is power". We get knowledge from books and experiences. Lets see the list of books which will help you improve your technical knowledge. 1. "Technical Analysis Explained" by Martin J Pring 2. "Japanese candlesticks charting technique" by Steve Nison 3. "Trading for a living" by Alexander Elder 4. "Reading price charts bar by bar " by Al ...

Its said "trading is simple, but not easy". Why it is not easy? Because we are making it complicated. Today we will see about the importance of trading plan. A trade with out proper plan is gambling. Before entering a trade you should know when to enter, stop loss, exit and partial profit booking levels. Trading plan is like a road to the destination you want to ...

First of all, the secret or trick (whatever you want to call it) that I am going to reveal here are very rare and are not available in any book or youtube stuff. I learned trading through experience, mind my words "trading" not "technical analysis". I learned TA from books but trading -- I learnt through practice, and by practice I mean losing money :) I think no ...

NIFTY IT: WEEK-TECH-SHEET-> 7th January 2019 to 11th January 2019 NIFTY IT moves around + 361.45 pips from 7th January 2019 to 11th January 2019, in which nifty breaks did not break last week 31st December to 4th January 2019 top nor bottom. As mentioned on reference 4th January 2019 evening order If it continuous to break 14593.85 Buy @t Entry: 14600 Stop Loss: ...

Breakout given from technical standpoint+ 200 MA firmly respected Target 15300-500 . S/l: 14300

a small hourly breakout for 14600+ levels. sl 14440 broader range

NIFTY IT moves around – 635 pips from 31st December 2018 to 4th January 2019, in which nifty breaks last week 24th December 2018 to 28th December 2018 low 14018.40 If it continuous to break 14593.85 Buy @t Entry: 14600 Stop Loss: 13900 Target 1: 14775 Target 2: 14833 Target 3: 14950 Target 4: 15300

CNX IT has closed below 200 dma and for the 4th time testing 200 dma failed to cross 100 dma also a clear bearish divergence has been unfolding. rupee below 70. weak forecast from US tech companies all favoring against the IT index. NOTE: this is my personal view only..

Sell Below

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Levels are marked in the chart.

Levels are marked in the chart.

no comments...watch out level for trend

buy on dips all set to touch previous high

Ending the series with a view of the IT index. The support is the 50WEMA, ST support and also a breakout retest. Usually when there is so many indicators at a point wait for a bounce at support or breakdown before taking a trade.

buy above 14350

Sell Below

Near Fibo Support Full strength candle Top is confirmed W charts On D, reversal confirmation in place with CCI-S Can slide to 12442 and 11980.55 Pinbar Broken with strength