CNXIT is traveling in a channel and it got a rejection from the top of the channel we have a demand zone for CNXIT from 34453 to 33500 We are going to be bullish in CNXIT until a daily candle closes below 33500. So we can plan swing trading in this sector and we can take long positions if get any long setup in the stocks which come under this sector but we...
The market ended on a rather indecisive note after gapping up. How are you going into the Budget day? What's your view?
The markets witnessed a correction ahead of the budget and RIL's Q3 earnings release. Here are some stocks and sectors that are there on our radar. Many of these opportunities in our watchlist depend on how the market action progresses over the coming week. What's your watchlist looking like? The complete list: Monthly chart, sectors: Auto. Bank...
IT Index had given a major BO from the squeezing triangle. Mostly it is coming back to test the breakout. Major supports here are 37362, 37264, 37196 and finally 37125. Mostly IT should reverse from that range. Post re-testing is done IT will slowly consolidate and move towards making fresh highs above 39442. Our target of IT Index for 2022 is 40211.
Out of the 10 stocks in NSE:CNXIT index , NSE:LTI has 5.94% weightage. The stock is at a good support level and also in a trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 8000 in near weeks. IT sector view : looks bullish for next couple of weeks The trade seems in a good reward to...
Chart study shows bullish IT sector, dotted trend line drew on monthly chart from top of sep month and it's working fine on daily chart as support and resistence, which is broken upwards on Friday also, also closed above EMA20 entire week starting 8th Nov, 34400-34778 working as a great support since sep 1st week. Seeking target 37335-37823., if closes above...
Hi,Trading View Family, I have found Infosys chart very intersting, On 30 min we have 100EMA,200EMA,400EMA close to each other this is a very good sign that price can show moment,According to Techanical analysis when ever Price comes close to EMA the tend to give movement, In this chart we can initate buy order when 100EMA CROSS 200EMA and then 400EMA...
HCL TECH can give a good performance. Buy- above 1272 Target- 1305, 1320 SL- 1230 (Hoolding 4-5 business days).
CAMS is ready to give breakout making a triangle pattern. Can buy after the volume breakout of the triangle, target are green lines and short after the red lines.
It has activated a Bullish C Clamp as per Ichimoku in daily time frame suggesting further up move till 1400 as long as it does not breach 1330
#HGINFRA HG Infra Engineering Ltd. (Part IX) CMP: 226.80 Buy @ 218 (consolidation expected) Target: 240 / 267 SL: 208 If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
#TECHM #TECH #MAHINDRA Tech Mahindra Ltd. CMP: 732.6 Target: 765 / 810 SL: 699 If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations. :)
IT Index weekly chart suggesting it may trade sideways for some time and it should hold 13000 levels on the weekly basis to continue the trend it started from 11000 levels On the Basis of previous price action, I am expecting 13000 levels would act as good support and only the decisive Break of 13000 levels can take the index to 11000 levels.
Technical Indicators Showing Breakout Above Technical Breakout Up Flag Low Risk Moderate Return First Target Rs . 110 Second Target Rs . 115 Third Target Rs . 120 Stop Loss Rs . 98(on closing basis) CMP Rs . 103.2 If Crosses 120, Hold for rally and trail SL.
@jagrut Monthly Chart of Nifty IT The index is trading in the Channel Pattern since April-2019 to till date. Similar pattern was observed from March-2015 to Nov-2016. Both the Channel pattern has been shown in the chart. Then outlook for the index in coming year looks bearish. On Monthly chart the index is trading in Channel as shown in the chart. For education purpose
IT sector has had a brilliant time in last month or so. KPIT was super. The tide is turing now. 140 seems likely from current levels
result session will start with some infosys after the new guide lines in oct'16 and trump win in usa ... let's see what will happens in IT in india