ganeshbabu6

IT INDEX TREND NOW

ganeshbabu6 Updated   
NSE:CNXIT   Nifty IT Index
TREND - NEGATIVE - ONE DAY

PRESENT ZONE-Between SUPPLY ZONE 1 & DEMAND ZONE 1.lots of SUPPLY ZONES above.

FORECAST -As per ZONE
Lot of efforts/gap up required to cross the above SUPPLY ZONES.to target DEMAND ZONE 1.

MY TAKE
even after Nasdaq hitting montlhy highs IT unable go higher.
will require some positive news flow to go higher.
Grinding expected.



IF FOUND USEFUL KINDLY CLICK BOOST ICON



SUPPLY & DEMAND ZONES
Only check SUPPLY & DEMAND Zones.Tension Free
NO indicators required.Dont want to look for news,tv
Clear Entry & Exit points


Comment:
slowly grinding up
new 1 hour demand zone formed with W day pattern which is bullish.
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