While Friday was really amazing, Nifty IT seems to touch it Max Limit trend line resistance. May be its imaginary and may be Nifty IT makes a new high and a new resistance but seems movement will come in other sectors after Nifty IT gets rejected at the red line.
Please see my Nifty IT analysis which I just posted on trading view - apparently, I cannot post link here (SAD)
So TCS made a fantastic move and what a classic chart pattern BO. It’s just when things are so obvious that too a weekend to give everyone time to think, smart money will do something smart.
One reason to go bullish is further lockdowns across the globe and focus back to IT and WFM but all that is factored in.
If the BO sustains, we are looking at quick 4000 + targets. I am not too convinced. I will focus on other sectors, Banks nahi chale hain bahut time se, may be banks ... who knows!
*I am a newbie trader, this is for pure educational purpose analysis, please trade your hard-earned money on a registered stock market opinion :)
Please see my Nifty IT analysis which I just posted on trading view - apparently, I cannot post link here (SAD)
So TCS made a fantastic move and what a classic chart pattern BO. It’s just when things are so obvious that too a weekend to give everyone time to think, smart money will do something smart.
One reason to go bullish is further lockdowns across the globe and focus back to IT and WFM but all that is factored in.
If the BO sustains, we are looking at quick 4000 + targets. I am not too convinced. I will focus on other sectors, Banks nahi chale hain bahut time se, may be banks ... who knows!
*I am a newbie trader, this is for pure educational purpose analysis, please trade your hard-earned money on a registered stock market opinion :)
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。