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.
