NIFTY IT NSE:​CNXIT

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.

As per my wave analysis, prices can drop to above levels, please be careful with all IT scripts!

Going forward till 11100-11200 holds expect rally to continue towards 11600-11700 Rationale: Inverse HNS formation with Right shoulder formed @ 20DMA indicating bullish momentum, RSI breakout confirms above view

As per wave analysis, targets are mentioned on the chart.

NIFTY IT (CNXIT) all set for 11500+ after a breakout

Clean trendlines and charts 5th of the uptrend on its way. Ascending triangle in week TF .

It has been observed on NIFTY IT CNXIT weekly chart that a rising trend line has been acting as good support and resistance on several occasions. PS: Request you to use this trend line setup as a supplement to your analysis before taking any position. Thanks, tRex Jurassic Park

CNX IT, on Daily Charts. Keep an eye and remain possitive on IT Shares till IT Index is trading above 10500.

Bullish short term IT sector small mid n blue chips can pop up....watch out