SQS India BFSI Ltd is consolidating around 500 and showing a positive out look now,
Resistance will be at 660 & 850 level. crossing 850 the stock can find new high
I was expecting the stock to find a support below 400, but the 489 having a strong support.
All the Glitches hitches to the IT sectors are applicable for SQS India BFSI Ltd too.
There is a dragon fly in daily chart at 1.382% retrace
of "A" leg,doesn't show any consolidation here, but a 1.618
retracement of the supposed 'A' leg may be a good support.