Long

Nifty IT - Bright times ahead

Updated

Cup and handle formation in weekly charts.

Nifty IT Saw a significant downtrend from Jan'22 and recovered from the cup low to the cup high in Feb'24. Post that, you can see another dip and recovery forming the handle.

This should continue and see NIFTY IT reach 50K>52K in the coming year.

Target 50K>52K
Timeframe by Jun-Jul'25

Invest in good quality IT companies at good to great valuations to ride this sector rotation.

Trade active

Nifty IT 43K+

Note

Nifty IT, going strong near 46K

harishnarayan2579

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