Almost all the IT stocks looking bearish and among those Infosys seems to be the weakest.
Please wait for the trigger level to cross and close below that level atleast in 1H time frame.
Further target will update as per Price Action.
Intellect Design looks good for short term trade. Expecting to move past all time high price level soon.
SL shall be 735
Target will be intimated as the price moves higher, however once can expect near about 10-12% gain.
Can be bought Positionally target will be informed as we move ahead. Please take position only after the price ticks above the mentioned levels.
Trade Cautiously. Like & Comment.
Refer some successful ideas attached below.
As we all are aware that midcaps and small caps are giving much better return these days, so there's one which has a chance of good & fast move.
Support resistance have been market for learning purpose.
Here Comes a new idea and this time Its a well known large cap... TCS.
Refer All the notings in the chart.
Very Small SL of 3400.
Target Shall be New ATH, but it demands sheer patience.
Please Do Like & Comment.
May be Sugar is going to be more sweeter soon...
Good Triangular patter formation in process... Any breakout above the upper trendline will result in a protracted move.
Risk takers can add 50% positions at CMP rest can wait for the breakout level.
Refer the below attached links of some of the successful idea posted by me which can be a learning for you.
I hope everyone here is very much aware about the H&S Pattern.
TANLA at this levels in daily TF is showing a perfect structure of Inverted H&S Pattern and it has successfully broken out above the base level.
We might see a very fast move in the form of only UC UC and UC....
Please Do like and Comment your views 🙌
Please refer all the chart noting's, I have explained most of the things in the chart.
Target shall be 110-130 levels and SL will be breakdown below 50EMA on a closing basis.
If you are an Investor - Invest Patiently
If you are a trader - Trade cautiously