CNXIT trade ideas

PRASHANTWADEKAR Updated 

shows strong chart,upside move will done in some days

HarnishBH Updated 

IT stocks more or less have digested Q1 results...Commentory from most of the Large Cap and Midcap is not that great...But our chart is saying some different story... Will it follow our ARC, if so can retest ATH in Jan 2022 by end of December....Lets see... Mphasis LTTS LTIMindtree

Happy_Candles_Investment

The index we will study and try to analyse this week is IT Index. Having look at the chart we can understand that IT Index is trying to give a major trend line breakout. If the IT Index can give a closing above 33449 next week what looks probable is a decent come back in large cap IT stocks. The IT Index made a bottom near 26192 and has been consistently moving...

YS9

It seems at inflection point. It is at breakout point and further it has done 61.8% retracement of total rise from bottom of 2018 in ratio chart. If it is held well then some good rally is expected in this counter.

HARISHRAO99

Nifty it current time price move zig zag correction zig correction wave A,b,C wave A internal 1,2,3,4 or 5 Wave B internal a,b or c wave C internal 1,2,3,4 or 5 Nifty it down side target 26000

PRASHANTWADEKAR

moving average 100 4hrs timeframe Taking support,Rsi bullish

JaiPrakashShuklaHarmonicTrader

On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...

YS9

Expecting NIFTY IT to outperform in coming week. One may take position accordingly

tejaa_boy_

IT Sector will bounce from here , nasdaq index already in green , and chart of it sector will defiantly bounce

VedangsStudy

This is CNX IT chart... This is weekly chart... We are in wave c of wave B... The destination is Red marked area... Once wave B is done.. We will resume wave C which would be downside.. Minimum destination would be Low is A Just a View!! Vedang Chart is for study purpose only!!

YS9

It is expected to outperform in coming week. Keep eyes on Infy & TCS.

YS9

There are chances that NIFTY it will breakout from the consolidation and go further up. Keep good names in list and enter at low risk entry point.

Arihantjain_

IT SECTOR on Raddar for next few days breakout done going to fill Unfiiling gap

AbNamjoshi

After making a all time high in Jan 22, CNX IT was in down trend. Since May 22, the index is consolidating in parallel channel, hence ITBees were recommended for accumulation on 13 August. After multiple attempts, last week the index gave a successful closing above 31100 resistance. I was waiting for the confirmation candle which were given last week....

YS9

Just sharing simple observation. Chart says everything. Look for some bull run in IT sector. Find the winners and ride as much as possible. Don't get out soon this is the only tip.

ravigared2001

It sector is sideways from some weeks.And it sector give a upside move.

YS9

It is breaking out from the consolidation and it can give good return in coming days

AbNamjoshi

This is a comparison study of charts of CNX IT index VS IT-Bees and this is a pure fundamental analysis. In December 21, CNX IT index made its all time high and then went into down trend. Since May 22, IT index is trading in the range (parallel channel) . Here I am recommending to buy Nippon IT Bees as Long Term Investment. Once can see a clear comparison...