Positive Side : 1. Formation of Cup & Handle pattern. Indication for a bull run. 2. The same cup & handle pattern follows for Nifty IT, which gives an additional support for a bullish run for the entire IT stocks. 3. Can expect a huge return, if the market support the uptrend. Negative Side : 1. Last two monday trading sessions turned out to be a disaster in...
I'm learning stock market.
LTI is forming Double Top pattern on 1D chart timeframe, It has taken support for six times on support line. As nifty IT is also in uptrend move LTI can go up from these levels after a retrace. Target Price 4030(short term) it may go up to 4300 if hold for a bit long. Stop loss should be at 3574 (or depends on your risk management). Mostly double top patterns...
Levels - Buy - 432+ Target - 470 SL - 418 The stock has tended to show a strong up move in the month where earnings are reported. The trend has been consistent over the past year and by looking at the current outset of WFH and COVID-19 second wave, it is most likely to continue. The quarterly and annual results will be announced on April 15, 2021, which might...
Pattern breakout & targets reached. should wait for the next pattern.
Levels - Buy - 1014+ T1 - 1040 T2 - 1080 SL - 990 Indian IT Sector stocks are hitting all-time highs. Keeping this undertone in mind, TECHM is a strong candidate to buy due to the following reasons: 1. So far TECHM has not participated aggressively in the rally 2. Organization has seen some major tie-ups with large tech companies in the previous quarter 3. Flag...
Wipro has given a perfect flag breakout, expected t move up to 450 and 460 levels.
On the verge of Blast.... Closed right on weekly trend line.. Watch out for many opportunities.... US Economy will do good this year... Apne IT Majors ki Chandi hi Chandi.....
The analysis is done purely based on chart patterns and price action. The analysis is done on 15 min TF, but the target as shown in charts can take couple of days upto weeks. As can be seen from NITFY IT chart as well as from charts of stocks linked below, price went for retracement phase, made a low on 21st December 2020 and then gave breakout from trendline....
Mind Tree Catching Momentum .
buy or sell only above/below the lines for the targets mentioned
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks The chart above shows Nifty's sector-wise analysis. As we can see, the Pharma sector has performed the best in terms of returns since the crash followed by the IT sector. Finance and Realty (Real estate) have performed...
SEE WHERE NIFTY IS NOW .... ? YEAH NIFTY MADE THIS FAR..(GREAT JOB) >>> I ALREADY POSTED A CHART ON THIS AT JUNE 9/2020 >>> SEE MY OLD POST INCASE YOU WANT TO LOL !!! OK I AM EXPECTING GOOD REVERSAL FROM THE PRZ (PRIZE REVERSAL ZONE ) REDBOX IN THE CHART.... EXPECTING A 1000 POINTS DOWN ( OMG ) !!! !!! JUST FOR STUDY PURPOSE !!!
NIfty IT should continue higher as wave 3 of intermediate Cycle.