Elliot wave analysis performed on 3I Infotech Ltd. It looks like wave 2 retraced 0.65% and is showing bullishness. If you observe closely, wave 1 comprises an impulse wave, and wave 2 includes a flat correction pattern. It makes sure that wave two is formed and price action can show 3rd wave, which will be rapid and stiff in personality. The "Trend Based Fib...
NSE:3IINFOLTD After a long down trend, the stock has consolidated and reversed from its 52 week low of Rs.26.25. Showing good and steady accumulation overtime. Up move short term (1 to 3 months) target: Rs. 55. Up move long term (3 to 6 months) target: Rs. 75 Would look at short trade if goes below 35. Note: Trade with caution! Do not trade solely based on...
MULTIBAGGER?? MAY BE MAY BE NOT BUT CERTAINLY SEEN MOVE VOLUME SPIKE IN RECENT TIMES WITH TESTING RESISTANCE LEVEL ANY UPMOVE CAN BE A POSSIBILITY OF REVIVAL OF STOCK FOR LONG TERM INVESTMENT BASIS WITH STRICT SL **EDUCATIONAL VIEW ONLY
3I infotech- CMP 6.75, It is on breakout and trading above the channel break out. Its RSI and MACD are also signaling buy. It may go to the levels of 8.8 and above soon. This is for educational purpose and any trade shall be done in consultation with financial experts.
3i infotech- CMP 4.7 - It is in bullish mode. A profit making software company 10 rupees paid up share available at this price. As per chart it can up to 5, 6, 8.85, 9.75, 13 in short to long term. A bowl formation on long term charts. It is for educational purpose and for making any financial investment consult financial experts. I am holding these shares at an...