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- ready to break flag & pole pattern -previously it broke resistance and shootup then again took support in previous resistance -now taking support again it sector ready for upside momentum -my targets for IT sector is 48000 from here which is almost 27-28% -keep eyes on IT stocks
Giving a breakout now from the rounding bottom should give a good swing all the way till 47000++ Time to buy IT Stocks with good valuations and fundamentals. Targets mentioned.
Wondering if the sharp rally in this sector will persist? Nifty IT displayed significant movement yesterday, continuing today with a breakout. My intuition suggests a potential move toward the 36800 level. I'll consider adding more to my portfolio if there's a retest of the breakout level, although the likelihood seems low. Nifty IT not only has the potential to...
NSE:CNXIT Consider a Flag Pole Breakout or a Triangle breakout Levels are marked clearly, it may convert into a double top if it can't break the resistance red line. On Fundamentals I have no Idea why such a strong move :D
Since past 4 quarters, IT index slightly moved up after end of quarter and before publishing quarterly results. (Vertical lines indicate end of quarter). Then corrected on the back of bad results by IT majors. But from Jan, 1, we r continuously seeing selling in IT index. This seems to be a trap by big players. Also IT index took support from previous support...
IT Index to grow 2x in next 15-18 Months Top IT companies should perform well for next 1 Year. Accumulate TCS / INFY / TECH Mahindra /Persistent for next 1-2 Years for Handsome Returns. Happy Investing.
If the market remains weak we can see Nifty IT coming down to this level soon. #NIFTYIT #NIFTY
Hi every one IT call ce Only stock niftyit 1 2 3 pattern day me working hai
Sector analysis Stock Analysis. Read the candle and structure to get most out of it.
IT SECTOR AT WEEKY RESISTANCE CMP 33300 RESISTANCE ZONE 33500---33700 HARMONICS SHORT IN PRZ AROUND 35600 FORMATION OF "W" PATTERN IF BREAKOUT DONE from 33500 zone CAN TEST 34000 / 34500 / 35000 / 35500 Regards... Keshav.. 15/09/2023 Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for...
Nifty it sector shows strong up move in coming days. All IT stocks also performed well and possibly it will continue.
IT SECTOR ON RADAR #TCS #WIPRO #HCL TECH #MPHASIS #PERSISTENT #NAUKRI attempting #breakout tgt 33000 rEGARDS.. KESHAV 04/09/2023 Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉
watch nifty it sectors stocks... tcs infy techM wipro ltimindtree coforge l&ttech warning: Please note that I'm not a financial advisor, and investing in the stock market involves risks. It's important to do thorough research or consult with a financial professional before making any investment decisions.
NSE:CNXIT Looks Good for Fresh Entry. NOT A RECOMMENDATION. JUST FOR EDUCATION.
IT Index could be headed higher if it breaks current level marked in chart. Keep IT stocks in radar in the coming days/weeks.
Overview of Nifty IT index. Nifty IT index trading at 52-Weeks high. The Nifty IT Index tracks the performance of 10 Indian IT companies listed on the National Stock Exchange (NSE). It calculates values using the free float market capitalization method, starting with a base date of Jan 1, 1996, set at 1000. This indexing measures the total free float market...
Nifty IT is in Bearish Flag pattern, forming higher highs and higher Lows so there's high chance to breakout the pattern and reach all time high or could do the opposite. Since all IT stocks performing good it seems to have high chance of reaching the top. Lets see in the coming weeks.....