Bounce from Trend Support
NIIT has been trading in a parallel channel and is expected to continue the trend.
Chart is pretty self explanatory.
MACD seems bullish
RSI in perfect position after bounce from 50 level
EMA looking up
Upside movement is expected here
This is not a financial advice. Please consult your Financial advisor before taking a position.
Thank You :)
Chart is pretty self explanatory.
MACD seems bullish
RSI in perfect position after bounce from 50 level
EMA looking up
Upside movement is expected here
This is not a financial advice. Please consult your Financial advisor before taking a position.
Thank You :)
Note
Target Reached. Following with close stop loss. Chances of a breakout is high since there was a false breakout in opposite direction just before.
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