singh17vivek

IT Index at support...time to buy them

Long
NSE:CNXIT   Nifty IT Index
Nifty IT CMP-33613
The correction in the index has halted at 38.2% of its swing. With RSI taking support above its bull zone of 40 is a further confirmation of the bull trend being intact. TCS on the other hand has already staged a breakout. Hence these corrections are an opportunity to buy.

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