It is not an IT age - no doubt! for NSE:CNXIT by vanathi

TradingView

Ideas
Markets
Scripts
Screener
Brokers
Chart
More

117 views

Relative strength of CNXIT is weak when comparing with Nifty . People are not investing in IT stocks, as international political news are creating fear among investors. Good news is still CNXIT is above the long term trend line . If it breaks it, then the fall is fatal. We are not bears or bulls. We are traders. And we can make money in whatever direction market moves.

Comment: Tested the support line in 22 days.

Join me in telegram to learn & earn. I also post my trades there & live calls. https://t.me/Analysis4Newbie
To learn about system trading, https://neomechanicaltrader.home.blog/

Rebounds

about INFY

Comments

I agree Vanathi Madam, with RSI divergence and looking at closest candlestick resistance with a piercing pattern , it can drag to a minimum of the recent weekly low 9320(SL 10620). Thanks for the post.

arvin43

@arvin43, Thank you for sharing your view.