NIFTY IT NSE:​CNXIT

Short Nifty IT Sector

The log-normal monthly chart of NSE IT. The price is approaching the upper part of the rising parallel channel.

05:45 Hrs - 21st Aug 2018 Last Price@14996 Hello All, Good Morning! TradingView in Drivers Seat - Exciting! Rev your engines! You might notice a familiar name for two races during the 2018 Monster Energy NASCAR Cup Series season, because TradingView will be sponsoring cars No. 51 and No. 52. The first race will be held on Saturday, August 18, at the Bristol ...

Applied Fibonacci levels to IT index. Index seems to be closing above it short term resistance oh 16086 level. A strong breakout above previous highs of 16130 will be a buying opportunity in Tech stocks like Techm Infy TCS Wipro Mindtree which have been strong. Weaker rupee may be a trigger. But one should wait for a breakout and not hurry since they have rallied ...

Close to channel resistance

An Inhaler mainly used in the treatment of asthma (i.e. Breathing Problem) Indian Market as well as World Market too have facing Breathing Problem in Upper Level. Reason to Choose: #1. Width of Bolinger Band Narrowed to near yearly. Thumb rule: History Repeats. Stocks to watch: CYIENT', MINDTREE', HCLTECH', TATAELXI', TCS', INTENTECH' ...... more

retracement

Price higher, RSI lower - classic RSI divergence in nifty IT

After the corrective move around end of April, the final leg of correction seems to have commenced in Nifty IT NSE:CNXIT. IT stocks including large caps like TCS and Infosys witnessed heavy selling pressure today. Looks to me that the selloff will continue and is the start of a corrective move in IT index before a fresh uptrend begins. I can see that IT index ...

breaking triangle buy at cmp i.e 13855(positional) for 14k and 14200 target sl 13750

IT NSE:CNXIT has been a strong sector which hardly corrected when Nifty was falling since Karnataka election results. However, today’s candle is a Bearish one with a long upper shadow. Also, it faced stiff resistance around 61.8% retracement of previous fall from ~ 14300 levels. I also observed the USD/INR chart and feel that Dollar has topped out against the ...

nifty it index has been taking support of gap . i expect a resume in trend for a positional target of 14900 https://www.tradingview.com/x/7qrwFTJA/ in it index infy chart is a good to watch monthly view https://www.tradingview.com/x/dwUYGnWy/ daily view https://www.tradingview.com/x/JkjEVtDW/ stock has been consolidating in a range of 1100 to 1200 range . i ...

plotted levels for nifty it , need to check it closely to take position in it sector !

breakout expected in it index for 13500 target

I hope you can now see how CNXIT INDEX CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price and time analysis you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour.. Thanks for ...

Round bottom has been formed, life time high in recent time and currently a flag pattern. Similar pattern can be seen in the individual stocks as well Some stocks in IT may be a good buy like NSE:INFY NSE:HCLTECH NSE:TECHM

Nifty IT index (CNXIT) channel study on weekly chart Nifty IT index is currently finding resistance at the channel median line. Once broken it could move towards the channel top.

A BULLISH BREAK ON THE NIFTY IT on Weekly Charts. Headed much higher. TCS/Mindtree the strongest. Disclosure- Have long positions in Futures market.