The 16,000 cr. mid-cap IT company, KPIT - Technologies Ltd. is about to give a breakout. KPIT Tech is a fundamentally sound company, firsthand. In the recent few weeks, the share price of this mid-cap stock was trapped in a range shown in the chart below with blue lines. The higher range of this stock is 601. Two technical indicators signal that this range might...
INFOSYS Shared The Same Chart On 7th of Jan 2022 INFY was Around 1880 and After Its Was Break You Can See Fall In INFY CHART We can See The Gap Filling but its depends on various Factors Disclaimer: Its Just for educational purpose only
TCS has been a fundamentally good stock which ultimately is good to hold for a long time. However, The recent budget has also been focused on IT which is an added advantage for IT Sector. At present, the chart shows Cup and handle pattern which will fetch 10% and above on breakout. I'm holding TCS for quite a while now and looking forward to investing more.
IT Sector weekly chart shows uptrend is still intact. Index trading above 30 WEMA which suggests it is in Stage2- Uptrend. Relative Strength is positive as against the Nifty 50 Index. Larger stocks within the index have seen decent correction & seems to be forming bases for next leg of move. Will be considered weak if it breaks down below 30 WEMA. Would start next...
TCS weekly chart shows breakout retest done & 5-6 weeks base created around support zone. Double bottom pattern with neckline breakout above 3577 last week seen. Need to see a follow-up buying and increase in relative strength, this week to confirm reversal for uptrend towards ATH levels. Only for educational purposes. Not a buy/sell recommendation.
So BTC has been dropping lately driving the fear in the market to extreme fear. To my predictions this would be our bottom for now and we will head up towards 75kish levels. Creating a rising wedge (bearish signal) on BTC. Also this would create a big bearish divergence. This might be something to consider if you are invested to BTC or trading it on higher...
Strong momentum setup here with ESTC, going to be watching potential break outs next week
Shib retraced %50 and finished wave 1 as of now. It bounced perfectly and if it holds here it means it is very possible we can see wave 3 which will take us higher to a new ATH.
Could TEAM still have a lot further to run after some recent relative strength against the tech sector and huge earnings gap? If XLK continues it's accent, 400 definitely seems in the cards!
Buy TCS 3460 TGT 4000+ Long Term Delivery Call (1 year)
Hello all! 🦎 Today I am looking to continue upwards in hopes that we have had a successful retest of our structure, which would pave way for moves to our bull targets 🐮🎯depicted above.📈🆗 There are possible resistances on our way up, so it's always good to keep a close eye once we have reached key resistance points👀. This is my short analysis based on...
*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals...
Multibagger Stock Pick KELLTON TECH - Buy CMP 78. Target Rs140 Kellton Tech Solutions Ltd. is an Indian IT, outsourcing and software development company headquartered in Hyderabad with offices in US and Europe with market cap of around 727cr, trading on a PE of just 10.9, ROCE at 20.7%, Book Value of 46.7, Face value of 5 and has a promoters stake of 55.85%...
The interest of the corporations in a large number of technological actions had suddenly been exhausted, probably due to profit-taking in relation to the previous strong rises. Instead, the interest from these categories of investors seems to return and in fact the advisor immediately gave a LONG signal at the price of 57,72 USD with a target of 63,23 and a...
After a period of latelarità the title $AVGO seems to want to return to climb, says my adviosr Marketmiracle that sent last night a purchase signal on Broadcom at a price of 459.32 USD with a target of 512.29 or a potential profit of 11.53%, really not bad. Analyzing the title graphically it seems actually the construction of a head shoulders overturned for...
nvidia is a great company, great margins and high demand log chart supports this. bounce on 200ema region, macd cross, break out of descending channel. positions: 200 shares (long buy from 400s), 640/650c 8/20 @2
Mr. Node it All is this bearish?