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Bounce from Trend Support

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NIIT (NSE:NIITLTD)  
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NSE:NIITLTD   NIIT
Trend Analysis Chart Patterns Technical Indicators NIITTECH NIITLTD niit niitech
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trendanalysis chartpattern indicator niittech niitltd niit niitech
NIIT has been trading in a parallel channel and is expected to continue the trend.
Chart is pretty self explanatory.

MACD seems bullish
RSI in perfect position after bounce from 50 level
EMA looking up

Upside movement is expected here
This is not a financial advice. Please consult your Financial advisor before taking a position.

Thank You :)
Komen:
Target Reached. Following with close stop loss. Chances of a breakout is high since there was a false breakout in opposite direction just before.
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