Wondering if the sharp rally in this sector will persist? Nifty IT displayed significant movement yesterday, continuing today with a breakout. My intuition suggests a potential move toward the 36800 level.
I'll consider adding more to my portfolio if there's a retest of the breakout level, although the likelihood seems low. Nifty IT not only has the potential to reach 36800 but also to surpass it – the path ahead appears clear.
Stay tuned for updates as we navigate this promising trajectory in the Nifty IT sector.
#NiftyIT
I'll consider adding more to my portfolio if there's a retest of the breakout level, although the likelihood seems low. Nifty IT not only has the potential to reach 36800 but also to surpass it – the path ahead appears clear.
Stay tuned for updates as we navigate this promising trajectory in the Nifty IT sector.
#NiftyIT
Trade closed: target reached:
Nifty IT retraced to the breakout trendline on January 4th, confirming the support, and has now successfully reached the target, indicating the potential for further gains.