For the CNXIT (Nifty IT) index on a 1-hour timeframe, here are the key support and resistance levels:
Support Levels: 42,167: This is the immediate support level. 41,800: A stronger support level if the index falls below the immediate support. Resistance Levels: 42,983: The immediate resistance level. 43,500: A higher resistance level to watch if the index breaks above the immediate resistance.
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