Nifty ITAt a very critical support. If it breaks it wouldn't be good news.
TCS too at a critical point. Wipro has already broken down.
CNXIT trade ideas
NIFTY IT: WEEK-TECH-SHEET->01st July 2019 to 05th July 2019Click here for GHSTOCKTRADING
ghstocktrading.webnode.com
NIFTY IT: WEEK-TECH-SHEET->01st July 2019 to 05th July 2019
NIFTY IT moves around -577.15 pips from 01st July 2019 to 05th July 2019, in which nifty IT break last week 24th June 2019 to 28thJune 2019 bottom 15904.80.
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NIFTY IT: WEEK-TECH-SHEET->24th June 2019 to 28thJune 2019ghstocktrading.webnode
NIFTY IT: WEEK-TECH-SHEET->24th June 2019 to 28thJune 2019
NIFTY IT moves around -350.40 pips from 24th June 2019 to 28thJune 2019, in which nifty IT break last week 17th June 2019 to 21st June 2019 bottom 15994.95.
NIFTY IT: WEEK-TECH-SHEET->17th June 2019 to 21st June 2019ghstocktrading.webnode
NIFTY IT: WEEK-TECH-SHEET->17th June 2019 to 21st June 2019
NIFTY IT moves around -396.55 pips from 17th June 2019 to 21st June 2019, in which nifty IT break last week 10th June 2019 to 14th June 2019 bottom 16152.20.
NIFTY IT One More $$$$$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
NIFTY IT: WEEK-TECH-SHEET->10th June 2019 to 14th June 2019ghstocktrading.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.
NIFTY IT: WEEK-TECH-SHEET->3rd June 2019 to 7th June 2019ghstocktrading.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.
Long ContinuationI am looking this could move up for another smart move
it will be high likely slow so
NIFTY IT: WEEK-TECH-SHEET->27th May 2019 to 31st May 2019ghstocktrading.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 16Nifty 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
NIFTY IT: WEEK-TECH-SHEET->20th May 2019 to 24th May 2019ghstocktrading.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
NIFTY IT: WEEK-TECH-SHEET->13th May 2019 to 17th May 2019ghstocktrading.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.
CNXIT : What's nextAs 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 . If it doesn't break 16100 and then falls back to previous bottom, then we might see deeper correction towards 15200-15250 zone.
We''ll remain bearish with stop loss above 16100.
CNXIT : Sell 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. 15750 should be observed on closing basis to trade for further downside momentum.
NIFTY IT: WEEK-TECH-SHEET->06th May 2019 to 10th May 2019ghstocktrading.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.
NIFTY IT: WEEK-TECH-SHEET->29th April 2019 to 03rd May 2019ghstocktrading.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.
