Cup and Handle in NIITNIIT has completed cup and handle formation.
It has broke out of handle and it is trying to re-test the breakout level, which will now act as support.
Dividing capital in small parts and keep adding in range of 217-200 might be be good strategy.
Can also added when price touches 21 EMA.
NEVER CHASE STOCKS. KEEP CALM AND ADD ONLY IF IT REACHES YOUR LEVEL. REGRETS AND FOMO HAS NO PLACE IN THE MARKET. MARKET GIVES AMPLE OPPORTUNITY EVERYDAY. TU NAHI TO KOI AUR SAHI.
#NIIT
NIITLTD
[Bullish] Long term wave 5 in progressNSE:NIITLTD caught my attention last week due to multiple bulk deals and then today the stock skyrocketed to UC with 20% move.
We seem to be in last wave (5th) of current major cycle that started in 2013. Right now, we seem to be in minor wave 3rd of larger 5th. Ideal entry point would be >=155 though the stock may not give that opportunity if it's gaps up tomorrow and keeps moving up.
As per wave equality (1=5), target for wave 5 should be around 500. Note that this is 6M chart.
#QUICKHEAL 244 Buy TGT 300 SL 219 Recommended - Rachit Sethia QUICKHEAL 244
TGT 300
SL 219
RR >2
Return > 22%
TF < 6M
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NIIT Ltd (Swing):NIIT Ltd (Swing):
A 50 up move is on the cards for swing.
Keep adding in chunks while script checks the demand zone.
Appropriate support, demand zone, resistance and targets are highlighted.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments sections as time progresses.
Redington #Redington 166.75 to 230 #INFY #TCS #WIPRO #NIITLTD #Q#REDINGTON
NSE:REDINGTON
NSE:REDINGTON
NSE:REDINGTON
REDINGTON CMP 166.75
TARGET 220+
SL 155
TF < 6 months
RR > 3
Return > 40%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#MONTECARLO #APPAREL #CLOTHING #FASHION #FASHION #NFT #TRADING #MONTECARLO
NSE:MONTECARLO
NSE:MONTECARLO
Monte Carlo Fashions Ltd.
CMP: 417.95
Target 1: 490+
Time frame: <3months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia