Nifty IT analyasis on 02 May 24Nifty IT analyasis on 02 May 24 trying to formtion for cup and handle cup and handle failed if closes below 32100 target 34000 - 35000 - 37000 - 38000 - 45000 cup and handle long term target 50000 Longby StockVaultt2
Bullish# Define inputs input lookback = 1; input minVolumeMultiplier = 1.5; # Calculate engulfing condition def engulfingBullish = close > open and open < close and close > open; def volumeMultiplier = volume / Average(volume, lookback); # Plotting the bubble if engulfing condition is met with high volby karansingla20071
IT is ready for trend changeAfter Claimed 10EMA IT is ready for new run? IT Index is consolidate at support line and after break 33800 they will upwards.by KRKanodia1
Bullish# Define inputs input lookback = 1; input minVolumeMultiplier = 1.5; # Calculate engulfing condition def engulfingBullish = close > open and open < close and close > open; def volumeMultiplier = volume / Average(volume, lookback); # Plotting the bubble if engulfing condition is met with high volby karansingla20070
Nifty IT BULLISHThis perspective is for mid and long term. Share the link as much as you can so everyone can benefit. :)Long03:16by syncinvestments0
IT Index was in 15 Months consolidation. What Next ?From the last 15 Months , IT Index (Sector)was in a consolidation, now it is at breakout level on weekly time frame. If break 31000 Level , can expect good move in coming Year. Be ready with your IT stocks watchlist. Please do your analysis before any InvestmentLongby Hussain_369Updated 7
CNXIT or Nifty-IT April Levels and Zone By 👑TrendTalk👑Is CNX and Nifty the same? Also known as the National Stock Exchange Fifty, the Nifty is the benchmark index of the National Stock Exchange (NSE). The index was introduced in 1996 and is also referred to as CNX Nifty and Nifty 50 by traders. How To Become a Professional Trader : Learn the trading by TrendTalk40
Nifty IT Head and Shoulders Pattern Breakout Down SideNifty IT index (CNXIT): it has recently experienced a breakout to the downside from a head and shoulders pattern, indicating potential bearish momentum. This pattern typically signifies a reversal of the previous uptrend, suggesting a possible downturn in the IT sector. Traders may consider adjustinShortby BreakoutStocksUpdated 5
CNXITCNXIT breadth is 100% since 3rd May 2023 past 20 year this index is in parallel channel. after sideways movement can we may expect an upmove which will bring bear trap for current setupby SunilDhawanUpdated 7714
NIFTY IT Sector Analysis (1W TF) - 16th December 2023#NiftyIT Sector Analysis (1W TF) Pattern: TRENDLINE BREAKOUT - Breakout of Resistance - Done ✓ - Major Resistance Breakout - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia by TradeRyteStockzUpdated 10