3i Infotech Daily NSE Stock Chart Technical Analysis:
3i Infotech made a weak rise today with an inside bar.
Market Outlook: Tomorrow should be another sideways movement with a possible lower close than today. The price has good support at Rs. 65 - 66 levels. Watch out for the Rs 70 price level. If this is broken and there are positive signals on successive days, it might be a good time to go long on 3i Infotech.
Technical Indicators:
- Price has met resistance at the 250 day moving average.
- A price channel between Rs. 65 and Rs. 70 has formed. Price could fall tomorrow but will find support between 65 and 66.
- Volume is very low today inspite of rise. The market seems not very interested in a rally.
- The price briefly pierced through the psychological level of 70 but returned back and closed below it.
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