It has given a multi year breakout. Now it has retested its breakout point. Breakout was accompanied with huge volumes, on retesting breakout area volumes dried out which is a +ve sign. Next area of resistance or probable Tgt is around ₹165.
NIIT has long term support at 115 levels and it should reverse from here.
Good example of breakout in NIITLTD above 102 Now closing given above 52 week high with highest volume
NIIT above 104 SL 92 RR--1:1 Book half near 115
NIITLTD has gapped up on 8th april from the level of 96 to the level of 102 following immediate test of support of 102 level on 22 april. Buying in this stock at current level is recommended. immediate resistance is at 116-120 after that stock has very good upside potential. Immediate targets could be - 140, 155, 175. long term target is 212. Recommended call -...
its a must buy above 92 level as it is cross section point 2 as it gives a big up of almost 10 to 15 rs while go above the cross section point 1 at Rs 75 level.
NIIT LTD: After Up move of LargeCAP IT, It's Time for MidCAP, SMALLcap ...... "T+2 Levels" & other details plotted & mentioned on chart. Education purpose only.
Accumulation of 19 months Momentum for 6.3 months = ~6 months Target 151 / 171 SL 87
Buy NIIT LTD above 120 SL 114 Target 130-135 Its a clear channel breakout Positional basis
Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
NIITLTD TESTING MAJOR RESISTANCE ZONE KEEP WATCHING... IF DO NOT BREAK. TAKE HIGH PROFIT Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if...
Niit ltd buy above the resistance zone of 120 , advance idea