IT INDEX: JULY RECOVERY OUTLOOK
Bullish Momentum Building!
Expected Upside
+1,600 to +2,600 Points
Expected Downside
Limited to just 200–300 Points
Market Outlook
The risk-to-reward ratio remains highly favorable for the bulls. Even if the IT Index experiences a short-term correction of 200–300 points, it is expected to find strong buying support and resume its upward momentum.
Overall Bias: Bullish for July, provided the key support zone remains intact.
Bullish Momentum Building!
Expected Upside
+1,600 to +2,600 Points
Expected Downside
Limited to just 200–300 Points
Market Outlook
The risk-to-reward ratio remains highly favorable for the bulls. Even if the IT Index experiences a short-term correction of 200–300 points, it is expected to find strong buying support and resume its upward momentum.
Overall Bias: Bullish for July, provided the key support zone remains intact.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.