➡️Recommendation Date of #IT Stocks is 24 September
➡️#infosys#techmahindra#tcs#hcl#wipro#KPITTECH
➡️TOTAL INVESTMENT6,00,000
➡️TOTAL VALUE AS PER HIGH6,80,479
➡️%RETURN ON INVESTMENT13.41%
➡️PROFIT80,479
➡️Total Investment- Rs 4000000
➡️Investment Value as per Highs Hit after recommendation - Rs 4827066
➡️ROI -20.67%
➡️Duration - 4 Months
Banks give 5% return on FD after 1 year. You could have generated 4X of the return (banks offer you after one year) that too in just 4 months
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#Chart analysis of #ULTRATECH CMP 6903
✅Reason 1
➡️#ULTRATECH was in downtrend with fall from 8269
➡️This fall had formed very strong and textbook Head & Shoulder Pattern which is getting negated with breakout of equally strong inverse Head & Shoulder Pattern.
✅Reason 2
➡️Downtrend of #ULTRATECH with fall from 8269 was over after hitting 61.8% Fibonacci retracement level
➡️Stock has regained price above 23.6% level and next is ATH level
✅Reason 3
➡️Stock is above all moving averages