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CIGNITI TECHNOLOGIES LTDCIGNITI TECHNOLOGIES LTDCIGNITI TECHNOLOGIES LTD

CIGNITI TECHNOLOGIES LTD

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CIGNITITEC trade ideas

NIFTY | BANKNIFTY | NITY IT | SWING TRADING STOCKSIn this video I have analyze few important indices. Nifty, BankNifty and Nifty IT. Also, in the end i have mentioned two swing trading stocks. Nifty I find Nifty is bullish. The previous support is still intact. BankNifty I find BankNifty bearish, and can see a fall in BankNifty. One thing to notice is, Nifty and BankNifty are not working is similar way. Both indices are performing the different way. Nifty IT This is the best sector right now. One should look for Nifty IT stocks for good positional entry. Two swing trading stocks mentioned in the last 1. LTTS 2. CIGNITITEC
NSE:CIGNITITECLong
by NikunjBangad
Power of Inside Bar - Cingniti TechInside Bars if used wisely, can give us astonishing results in Trading. Let's understand this scenario. Stock Name - Cigniti Tech After 20th Feb 2023, on D TF, this counter merely had any move! More or less it had inside Bars with totally squeezed close prices compared to earlier close. if you observe, closing prices are getting squeezed day by day with drying up sales volume. This indicates sellers are loosing control & buyers ay pitch in! Following are reasons for my Long view - 1. Stock is in Up Trend. 2. Stock prices are above 200 EMA 3. 10 & 20 EMAs are above 200 EMA. 4. RSI has crossed 55 5. Nifty IT index is in uptrend, so sectors is booming. So my entry would be on crossover of high of 7th Feb. Same setup & logic can be applied while entering stock on 3rd March, as its crossing previous high of 2nd march for a quick move on upside.
NSE:CIGNITITECLong
by Saishayu_Option_Scalpers