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Showing posts from February 21, 2016

Info Edge (India)

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NAUKRI (730) -  The company name may be INFO EDGE ,but now,  it is trading at lower edge of  15 months consolidation.

So Last hope and Support 710--690
If hold , 
then the upside target 880--910
  &  980 --1020
***
But below 710--690
take it down to  505---455




NIFTY IT INDEX

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Nifty IT (10769) -  This month showed its weakness in macro point of view.

Last hope and support 10700--10600

Either one monthly or two continuous weekly or  six continuous daily close below that gives confirmation for a big down fall 
that take it down to 8650--8450