Thread on #NiftyIT and Tech stocks.
Trend is down now.
Will add more charts here.
More from Shivaji Vitthalrao🇮🇳
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
105 is key, Bulls might defend for the time being. Once they fail during any downtrend Boy Bulls will be in serious trouble.
First targets 90-95 and worst case 65-70 (This i wil review later) https://t.co/RYaMwRQb7e
Angle 2 -- On Log scale its end of this upmove from March 2020.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) August 24, 2021
No major support until 90-92.
Conclusion - any rise to 123-128 is a sell opportunity
Bullish only above 145. Personally not bulish.
Potential taregts on downside are 105-90#SAIL pic.twitter.com/yZv2WXwIMU
1. Stock is consolidating in the band 100-120 on lower side & 1900-1950 on upper side.
2. CMP 1344 1st targets 1850-1950
3. Medium term targets 2400-2500
4. Long term taregts 3500 first and then 8,000-10,000 in next 4-5 yrs
5. This is going to be 15-16 years breakout https://t.co/BXMv5GjsGW
Spotted a stock which can become 5digits and 5x over 3-5 years
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) September 2, 2021
Headquarters in Namma Bengaluru, Karnataka.
Keep Thinking will post over weekend\U0001f92a
6. Stock hits high 160-175 in 1995 & 1997
7. went into down trend, consolidated for 3 yrs 1999-2002
8. Gave breakout above 34 hinting at major shift in Feb 2002
9. Gave 1st multi year breakout in Oct 2003 above 160-175 which was failed
10. Next attempt in Sep 2004 crossed 175
11. Above 1995-1997 highs (160-175) stock went on to become 10x in a matter of 20-22 months
12. CMP 1344 Multi year breakout will trigger above 1950 on weekly closing basis
13. Will be watching 1st breakout above 1950
14. SL 1260/1100 depends on risk of the trader or investor
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
You May Also Like
I might have a panic attack due to excitement!!
Read this thread to the end...I just had an epiphany and my mind is blown. Actually, more than blown. More like OBLITERATED! This is the thing! This is the thing that will blow the entire thing out of the water!
Tik Tok pic.twitter.com/8X3oMxvncP
— Scotty Mar10 (@Allenma15086871) December 29, 2020
Has this man been concealing his true identity?
Is this man a supposed 'dead' Seal Team Six soldier?
Witness protection to be kept safe until the right moment when all will be revealed?!
Who ELSE is alive that may have faked their death/gone into witness protection?
Were "golden tickets" inside the envelopes??
Are these "golden tickets" going to lead to their ultimate undoing?
Review crumbs on the board re: 'gold'.
#SEALTeam6 Trump re-tweeted this.