Thread on #NiftyIT and Tech stocks.
Trend is down now.
Will add more charts here.
More from Shivaji Vitthalrao🇮🇳
Copper break below 4.43 qualify as bearish Flag and pole
HINDCOPPER break below 157 qualify as bearish Flag n pole.
Impact copper can test 4.28-4.20
HINDCOPPER can test 150-141 as per pattern targets.
165-166 Lakshman Rekha.
Quiz - Hindcopper
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) June 9, 2021
What pattern do you see?
whats the confirmation level and impact ?
Both are interlinked. https://t.co/0gVaRXd4pS pic.twitter.com/Bbs1rdaOWf
More upside above 158.
Targets as given 200-212
#Hindcopper
Hindcopper cmp146+
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) July 6, 2021
Previous low 135 can be the SL for longs.
Possible short term bottom here CONFIRMATION ABOVE 158 for further upside https://t.co/iofvrn6l5b
Today I see a very strong signal of this happening in 3-4 years. Trail sl as pernur risk.
#Indiacem
India Cement Could not cross 226 in the last attempt to trigger multi year breakout.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) September 2, 2021
Stock in this leg crossing 212 can trigger this 14 years breakout. CMP 180 taking a SL 150
Revised Target 4 digits by 2024-2025. I am not kidding \U0001f600#Indiacement https://t.co/xhWjqrJm4j pic.twitter.com/42Q8qO7tO7
More from Infylongterm
Infosys PEG ratio (1-year fwd PE/EPS growth) down to 1.4x from a peak of 2.7x as PE cut by 27% & EPS growth cut by 5% - trades at 23.3x PE for 11% FY23 growth. If this is a mid-cycle correction, its done BUT if this is the great valuation reset - more fall coming
— ThirdSide (@_ThirdSide_) May 25, 2022
Place your bets pic.twitter.com/9ZlaLDcxPZ
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