Nifty IT IndexShort
RECOVERY IN IT SECTOR?? NOT SOON...
The IT sector had a wonderful bull run post-Covid giving 250% returns and the sector has been correcting ever since January 2021.
As per Elliot wave analysis, the sector probably has started the 5th corrective wave.
This wave is likely to end by March-April.
A good time to invest in this sector will be before the next quarter's results.
As per Elliot wave analysis, the sector probably has started the 5th corrective wave.
This wave is likely to end by March-April.
A good time to invest in this sector will be before the next quarter's results.
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.