getsetrade
Short

Nifty IT- A trap for the Bulls

NSE:CNXIT   NIFTY IT
46 0 5
As seen Nifty             IT gave a breakout a couple of days back but could not sustain and immediately came down indicating a trap for the bulls. Traps are generally quick and it does not give a chance to the trapped side to exit quickly as in this case. The sector looks weak.
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