There is an interdependency between them but not to the extent, that people considered it to be.
Indian IT stocks have shown much resilience and hold their position better despite the sharp fall in the US market.
There are a few challenges to this sector
1. Attrition
2. Usd/INR
3. Fear of recession
In case of recession, it will be beneficial for western...
Nifty is making a Cup & Handle in lower time frame, a breakout level coincides with the Bearish AB=CD between 9600-9650 which I had already suggested as a possible level in my previous tweets, view would go wrong below 9100. At the same time NIFTY IT in hourly is on the verge of an IHS breakout which suggest 13500 as a probable level. Both suggested levels could...
First of all, the secret or trick (whatever you want to call it) that I am going to reveal here are very rare and are not available in any book or youtube stuff. I learned trading through experience, mind my words "trading" not "technical analysis". I learned TA from books but trading -- I learnt through practice, and by practice I mean losing money :) I think no...
