Nifty IT IndexShort
NIFTY IT
Nifty IT Index
It is trading in downtrend trend from last high and lower high formation no major breakout is expected. Currently trading below 200ema on daily basis,
Levels to watch 15000 and 15600,Currently Taking resistance from 100ema on daily basis.
Short Term Range-15400 to 15200
Factor going to change momentum:-
1-CIearence of Infosys whistleblower’s complaint.
2-Techm breakout
3-TCS sustains 2100 levels
It is trading in downtrend trend from last high and lower high formation no major breakout is expected. Currently trading below 200ema on daily basis,
Levels to watch 15000 and 15600,Currently Taking resistance from 100ema on daily basis.
Short Term Range-15400 to 15200
Factor going to change momentum:-
1-CIearence of Infosys whistleblower’s complaint.
2-Techm breakout
3-TCS sustains 2100 levels
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