JMvalueinvest

NIFTY IT at channel support, once again

Education
JMvalueinvest Updated   
NSE:CNXIT   Nifty IT Index
Nifty IT is once again at channel support. Had previously recommended to buy for 8-10% upside, and successfully exited the same.

From here it can be both long and short, based on where it continues to take support or breaks it. Should ideally short, if channel breaks, on closing basis.
Trade closed manually:
Channel broken. Fresh shorts can be initiated
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.