Breakout in Nifty IT index as well as TCS
- Basically, it is a sector rotation, from financial services to IT and metals
- USD/INR has also bottomed out, hence IT stocks may opt for a rally
- Weekly flag breakout as well as positive divergence on RSI
- Can look up to targets of 2200 or more
- USD/INR has also bottomed out, hence IT stocks may opt for a rally
- Weekly flag breakout as well as positive divergence on RSI
- Can look up to targets of 2200 or more
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