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Stock-Holmes
Jan 15, 2023 5:16 AM

RECOVERY IN IT SECTOR?? NOT SOON... Short

Nifty IT IndexNSE

Description

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.
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