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Itsector

LARSEN & TOUBRO, first good stock in IT sector hey guys , IT sector was in a constant downtrend for a long trend , but now , we can see some CORRECTION in IT sector , and the first best company to invest in is, LARSEN & TOUBRO this stock was moving in a fixed downtrend, and this stock was making a pattern called FALLING WEDGE PATTERN and now this stock has crossed it's resistance ( of this pattern ) and we can see a GREAT BIG GREEN CANDLE , therefore , i suggest that traders should buy this stock and earn high returns , also, LARSEN AND TUOBRO is a well established company , fundamentals are also good therefore, there are less chances of BULL TRAP for traders , BUT FORST CONSIDER THE GLOBAL MARKET SITUATIONS, 1. INFLATION 2. WAR 3. RISING BANK RATES 4. INCREASING EXPORT DUTIES ON CRUDE OIL AFTER CONAIDERING THESE SITUATIONS YOU CAN BUY THIS STOCK AND EARN HIGH RETURNS , 😀😀
NSE:LTLong
by TRADERS_AREA
NIFTY ITHello & welcome to this analysis on the IT Index. With Q4 results starting from 2nd week of April, IT stocks will once again be in limelight. If the index can sustain above 36700 it could lead to rally till 37750-38000 where it has a line of polarity besides a Bearish Harmonic Cypher. This continuation of bullish outlook is valid till its above 36000. Failure to hold it would take it down to 35250-34500. Key levels to watch out on both sides 36000-36800 for a trend direction move.
NSE:CNXITLong
by Dinesh_C_Nagpal
1
IT SECTOR : Still in uptrendIT 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 leg of upmove on breakout of the current trading (box) range marked. Only for educational purposes, not a buy/sell recommendation.
NSE:CNXIT
by Saninvestor
WIPRO - Wipro LtdLevels - 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 make the stock revisit the levels of 470. In addition to that, post Q3 results the stock has formed a flag pattern on both weekly and daily charts, therefore a breakout cannot be ruled out while an event is planned for the coming week. Once the level of 430 is breached on the upside, which is acting as a resistance, the stock can go up to the levels of 470, an up move of close to 10%.  IT shares in the given circumstances of WFH due to COVID-19 is a safe bet as there has been a significant increase in operating profit of the companies which will continue in coming quarters if the situation stays like this. This can be observed by looking at their quarterly results. NOTE: These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
NSE:WIPROLong
by mishraparimal09
$CLPS Signs Vendor Agreement with U.S. Digital Payment PlatformCLPS Incorporation Signs Vendor Agreement with a Well-Known U.S. Digital Payment Platform, Ramps Up Global Expansion Strategy. $CLPS will provide IT services, including data analysis and payment risk management for their international business. Growing beyond the Mainland China market, CLPS has been extending its presence and client base internationally, including blue chip financial institutions to meet the strong demand for IT services. The Company's competitive advantage and expertise in the payment industry are contributing factors that made the contract with the Client headquartered in the U.S. possible. It enables the well-established business relationship of both parties to transpire in the international market. finance.yahoo.com
NASDAQ:CLPS
by AlenCiken
Mastech Digital on board Its moving averages of 63, 126 and 252 periods have been closing. It has strong support around $ 15. It has resistance around $ 20. It comes closing a triangle (bullish). The long-term trend remains bullish. "Mastech Digital is a leading provider of Digital Transformation IT Services. The Company offers Data Management and Analytics Solutions, Digital Learning, and Remote IT Staffing Services with a Digital First approach. A minority-owned enterprise, Mastech Digital is headquartered in Pittsburgh, PA with offices across the U.S., Canada, Europe, Singapore, and India." AMEX:MHH
AMEX:MHHLong
by amateur_trad3r
Infosys - All poised a decent correction ? Stay cautious I usually prefer a 3-hour time frame chart to understand the longer trend of the stock. IT stocks have had a stellar rally since the March lows and it seems to me that the bulls are finally getting tired before they get active all over again. Infosys the beast is showing some serious negative divergences on a 3-hour time frame. Additionally, the dollar index is also looking to bottom out in near time :) Infosys can correct till 1020-1050 in near short time :)
NSE:INFYShort
by akumar1057