NIFTY IT NSE:​CNXIT

buy above 14350

Sell Below

Near Fibo Support Full strength candle Top is confirmed W charts On D, reversal confirmation in place with CCI-S Can slide to 12442 and 11980.55 Pinbar Broken with strength

NIFTY IT forming ascending triangle and taking support on fib level NIFTY IT stocks can pump tomorrow

Nifty IT it may come to 12782. Find some IT stocks for short

support

nifty it is taking support on the green zone and a fib level of 61.80 it can be more bullish

from last three weeks price is not able to break 16190 on closing basis https://www.tradingview.com/x/lHDGijHj/ continuous rejection on higher level short with 16000 sl for 15355

Looks Bearish

Short Nifty IT Sector

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

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

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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 ...