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IT Stocks–Bounce after Retesting Breakouts? Infosys, TCS , Wipro, NIIT Technologies | Technical Analysis of Indian Equities by Nooresh
nooreshtech.co.inBuying into supports or retest is a tricky trade as one does not know how quick the bounce back would be or will it fail. Also whether it could be s
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| Title | IT Stocks–Bounce after Retesting Breakouts? Infosys, TCS , Wipro, NIIT Technologies | Technical Analysis of Indian Equities by Nooresh | ||||||||||||||||||||||||||||||||||||
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IT Stocks–Bounce without Retesting Breakouts? Infosys, TCS , Wipro, NIIT Technologies | Technical Analysis of Indian Equities by Nooresh ≡ Home Disclaimer TRAINING Online Training Classroom Training Services QuickGains The Agnostic Portfolio Big Value 4.0 Platinum PlusWell-nighLogin FREE EBOOK 0 0 3 IT Stocks–Bounce without Retesting Breakouts? Infosys, TCS , Wipro, NIIT Technologies By Nooresh In Technical Analysis Last Updated On: 26/11/ 2018 Buying into supports or retest is a tricky trade as one does not know how quick the vellicate when would be or will it fail. Also whether it could be start of flipside fresh upmove to previous highs. But the risk-rewards are so favorable its worth taking the trade.As stops are small. So please do your own research and risk management. NIFTY IT – Retest of Breakout Nifty IT without having a solid run is re-testing the last breakout and recent bottoms at 13350-13600. A good candlestick reversal today. Can it see a vellicate when to 14500-15000. A stoploss for the trade would be todays low at 13550 NIIT TECH Last bottoms and previous highs at 1020-1050. Candlestick reversal today. Can it see a vellicate when to 1180-1250. A stoploss would be 1030 todays low. Wipro A major long term resistance at 335-340. Last 3 attempts it was not worldly-wise to cross. Retesting the supports at 300-305. Is it setting up for a vellicate and struggle towards 335-340 ? Last few bottoms and some highs virtually the 1780-1800 mark. Can it vellicate when to 1950 ? Stoploss would be 1780. INFOSYSWithouta big breakout at 600 and a nice move the stock is when to retesting the supports. Can it bounceback to 660-690 ? Stoploss would be 600. Technical Analysis Training Mumbai Date:1st and 2nd December 2018 Timings:9.30 am to 6 pm Venue : Hotel Karl Residency 36, Lallubhai Park RoadAndheri (W), Mumbai, 400058Maharashtra – (India) Fees Rs 16520 ( 14000 + 9% CGST and 9% SGST ) ( No Discounts ) Registration and Payment Link https://www.instamojo.com/analyseindia/technical-analysis-training-mumbai-1st-and-2/ UndertowContent and other details - http://www.nooreshtech.co.in/2018/11/technical-analysis-training-mumbai-1st-and-2nd-december-2018.html Article by Nooresh Merani Nooresh has written 2702 articles. You can follow Nooresh Tech on Facebook and Twitter here. Follow @NooreshTech { 0 comments… add one } Leave a Comment Cancel reply Name * Email * Website Comment Notify me of followup comments via e-mail Notify me of follow-up comments by email. Notify me of new posts by email. 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