NIIT Technologies Ltd – 14.01.2018.

Daily Sentiment: Bullish.

Weekly Sentiment: Bullish.

Trend Strength: Strong

First Target: 735 (Resistance zone)

Currently seems like this shouldn’t be a top yet.

But stock could try to reach 663 before rise resumes.

Close above 735 would confirm further rise.

If there is close below 663 then further weakness is more likely.

To confirm trend change and further fall need close below 604.

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