NIFTY IT - DARVAS BOX BREAKOUTAfter 5 months of consolidation, the IT index has breakout from the box. As Largecap IT is not performing well because they are the heavyweights of the index, now it time to bet on large cap IT giants like HCL tech, TCS, Infosys etc.,Longby SudharsanG0
Nifty IT is looking very strongNIFTY IT index has broken a strong resistance which was there since January. A parallel channel is broken and is looking very bullish. Keep eyes on TCS, INFOSYS, HCL etc. Please like and follow if you like my analysis. Happy Trading :)Longby TradingWithRahul1
IT BACK IN FOCUS?WITH USD/INR REVERSING DO WE SEE IT SECTOR OUTPERFORMING IN THE COMING DAYS?Longby Bhavya_shah_190
CNXITCNXIT index has broken the all time high. Watch whether it holds or breaks, if it holds we can see fresh rally in IT stocks Please note I’m not a registered analyst. Please analyse your self before investing by vishnusuresh9990
NIFTY ITNIFTY IT, overall in very strong uptrend, now moving in bullish wedge. And also in smaller time frame if you will see it is moving in symmetrical triangle. Wait for the symmetrical triangle breakout to take buy trade on IT stocks.Longby ChartFactoryUpdated 0
CNXIT 26996 - BullishCNXIT 26996 - Bullish as signals are diverged and a wolf wave pattern suggests Target of 27982.Longby subravi0
Don't Miss Nifty IT Stocks - Keep Accumulating NIFTY IT Index has been in uptrend since April, 2020. The Index is about to complete its consolidation and ready to breakout a Pennant Formation on the charts as visible and continue its uptrend. Keep accumulating your favourite IT Stock. (Mindtree is ready to fire) Longby mastermukund4Updated 12
CNXIT - Head & ShouldersHead & Shoulders pattern forming on 4H Chart of CNX IT INDEX. SELL below 25300, SL 26500. It is forming at the Top of the Index. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns. . Shortby c0dchefUpdated 0
Nifty IT - setting up for an upmoveNifty IT - all it related stocks readying for an upmove. Probably the next buys should happen in IT stocks Longby tvamev0
NIFTY IT - WEEKLY ANALYSISAs you can see in the chart. If we crosses above resistance of horizontal trendline marked in the chart we can see huge upside movements in the coming week. Keep a look at the nifty IT sector in the coming couple of weeks.Longby lakshaysharma50
NIFTY IT, 4H, About to do something. IT sector is about to outperform. Keep tracking IT stocks like HCLTECH, INFY, etc. Longby omsh0073
nifty it index READY TO SHOOTNIFTY IT INDEX IS NOW READY TO SHOOT ....COMPLETED CORRECTION ON 3 HOUR TIME FRAME AND ALSO 4 HOUR TIME FRAME.... INFOSYS , HCL TECH EXPECTED TO LEAD THE RALLYLongby PNW_INVESTMENTS0
Nifty IT might be in Distribution zone,wait for box breakout.IT index within a year doubled from march 20 fall without any meaningful correction. As wee can see big red candles ( marked with white arrows ) absorbing up moves in short time, i.e time required for up move is more than time required for down move. To put in simple terms these few bid red candles absorb more green candles. After such move sector rotation is also expected. There was a buyer trap also. RSI divergence on weekly charts also visible now. These observations make my view sideways to down side or limited upside But direction will only be confirmed on box breakout, hence putting NEUTRAL view by varadtambolkar555