After recent move, bera is at full extension so im confident theres 2 paths only for Big Bitty, and im most confident on the straight up from here path as #1. We coasting since 19.3K NFA
Nifty IT sector near major support @27500/27200 if not close below we seen sharp bounce back .
Infosys has changed its levels now Earlier the stock was moving in support of 1660 levels Currently the stock has managed its support levels to sustain at 1835 levels Further, if the Support 1835 levels and resistance of 1890 manage to sustain. Stock can see further breakout.
IT breaks an all-time high. RSI70+ both in the weekly and daily timeframe. The market cap is around 5 billion baht. P/e 30, P/bv 5.
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...
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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%...