Stock was updated last month in our post on IT sector, Stock did 1178 to 1214+ but still struggling to move beyond recent highs. At cmp stock is placed at a crucial level and getting support near 1145-55. On Friday stock moved from this range and made a hammer pattern which indicates further upside. Have a look at daily chart :
The same is more visible in hourly charts
On weekly charts a cup and handle/rounding bottom pattern formation is easily detectable. So Better you stay invested for fireworks in coming weeks in this technogiant.
On weekly charts a cup and handle/rounding bottom pattern formation is easily detectable. So Better you stay invested for fireworks in coming weeks in this technogiant.
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