Before i start let me mention that i like the stock with a long term view and is a favorite so definitely biased.
#Disclosure : Recommended at lower levels in Big Value
The stock was also recommended at 32-33 levels before – Check this post
NIIT Limited Technical View
-> Making a triangle formation with a breakout above 54-55.
-> Volumes are slowly picking up.
-> Supports at 48.
-> upside targets at 65 +
Will watch for a move with volumes above 54-55 to look for a quick trade.