NIIT Ltd channel breakout. Testing the channel. Supported by the RSI and volumes. Target 1- 197 Target 2-199 Target 3- 202.7 *** Purely personal analysis *** Investment in securities is subject to market risks. Kindly consult your financial advisor before investment
can enter the trade levels ,target and stoploss documented on chart
Immediate/Major Resistance – 220 Short Term Support – 160 Long Term Support – 115 Technical: Chart Trend - Positive Chart Pattern – Recommendation - Buy Fundamental: Net Profit – Strong Rise Earning – Positive Institutional Strength – FII Note: Overall Analysis prepared for learning purpose only.
Guys, Looks like NIIT is showing bullish flag here and may break out. As I am new to TA and started study few weeks back only. My intention to publish this chart here is solicit your views, ideas, and learning for me to improve. This is definitely not trade recommendation from me. One thing, I am not able to project the entry point and SL as well. All the experts...
Clear trendline breakout happen after consolidation, You can take long position in this stock above 171.70. All other part of info is descripted in the chart.
NSE:NIITLTD // DAILY SWING CALL (Not an Intra-day Call) // Friday 11th of September 2020 // CMP / LTP: 127.25 TARGET: 152+(20% Around) STOP LOSS: 114(10-12% Max) IDEAL BUYING RANGE: 123 - 129 (Adjust targets and SL accordingly) DURATION: In 15-20 Trading Sessions Target should be achieved Notes: - *IDEAL BUYING RANGE: This is the pricing range if the...