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Ashray_G
Jan 30, 2022 5:45 AM

NIFTY IT Macro view 

Nifty IT IndexNSE

Description

Whenever in the past 20 years IT index RSI tested 70 after making an high, always followed by a average correction of 20-30%

Index broke the rising channel, retest levels will be 27-28k that's a ~20% correction expected before making another ATH
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