CapitalCondor

CapitalCondor

We expect NIFTY IT Index to go up. We support our Analysis with both Fundamental & Technical. Technical Analysis Index has strong support at 28600 followed by 28000. With a hammer like formation at support indicates buying in stocks of NIFTY IT. One can go long with SL of 28000. Fundamental Analysis Fibbonacci Retracements: Index has formed a Bullish Hammer...

CapitalCondor Updated 

We recommend Buy call on ICICI Lombard General Insurance Company Ltd. We base our theory on Technical as well as Fundamental. 1) Bollinger Band : A Strong breakout witnessed by the company price on the Indicator. 2) Relative Strength Index : Above 60 Break for the Stock, which indicates strong Uptrend. 3) Fibbonacci Retracements : Stock recently crossed...

CapitalCondor

We expect INFY to reach price of 1725 - 1730 in Near Term. We support our analysis with multiple Fundamental as well as Technical confirmations. 1) Fibboncci Retracements - the company has been consolidating between 23.60% and 38.20% which makes it a strong support for the stock. Hence we can expect an upmove towards 50% and then 61.80%. 2) Head & Shoulders...