vanathi
Short

It is not an IT age - no doubt!

NSE:CNXIT   NIFTY IT
96 2 7
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.
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.
Reply
@arvin43, Thank you for sharing your view.
Reply
India
United States
United Kingdom
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out