CNXITCNXIT breadth is 100% since 3rd May 2023 past 20 year this index is in parallel channel. after sideways movement can we may expect an upmove which will bring bear trap for current setupby SunilDhawanUpdated 7713
Nifty IT Head and Shoulders Pattern Breakout Down SideNifty IT index (CNXIT): it has recently experienced a breakout to the downside from a head and shoulders pattern, indicating potential bearish momentum. This pattern typically signifies a reversal of the previous uptrend, suggesting a possible downturn in the IT sector. Traders may consider adjustinShortby BreakoutStocksUpdated 4
NIFTY IT Sector Analysis (1W TF) - 16th December 2023#NiftyIT Sector Analysis (1W TF) Pattern: TRENDLINE BREAKOUT - Breakout of Resistance - Done ✓ - Major Resistance Breakout - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia by TradeRyteStockzUpdated 10
Nifty IT sectorNifty IT sector might be in pain; technically, as seen on weekly chart - it is crucial to see whether it takes support and reverses at 33400. If it falls below it, then IT sector would be under deep pressure. This is for Educational purpose only views based on price action, Elliott Wave & FibonacciShortby Wealthy_Money4
CNXIT or Nifty IT Levels and Zone 👑🤑💸💸Welcome To Trend Talk😊 All Levels in a Chart Options Trading for Beginners Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers arby TrendTalk31
Nifty IT index Harmonics reversalNifty IT PRZ chart-> Watch out for upside now from here. PRZ 34729 to 34500 with closing basis Support of 34236Longby deepak77911
Nifty IT.. Kya aur girega😟😲😨Hello everyone👏 Hope you liked my posts. 😊 *** Nifty IT index coming to bearish teritory. *** IT index in daily TF broke down below 50 MA *** momentum downside *** bigg red bearish candlestick 🔴 *** major support of 36750 broken *** trendline broken with gap *** which stocks I analyse.. PlShortby ajnil87555
NIFTY IT INDEXHello & welcome to this analysis IT Index looks v strong, this phase of consolidation would be a great opportunity to add more. Breakout above 38100 for 38500-39500-45000 with immediate support at 37300, below that next major support near 36500. Happy investingEditors' picks07:22by Dinesh_C_Nagpal2225
NIFTY IT LEVELS.Nifty IT remains weak below 38040. Trgs on chart. Expecting 36689. Probable trend change dates also given. Mark H/L of these dates. Angles are plotted based on some Gann technique. View is not a recommendation to trade. Shortby lalitseth5
NIFTY IT Index Ready for Breakout on upside - 40% upside in 1 YrNIFTY IT Index Ready for Breakout on upside - 40% upside in 1 Yr possibility. IT Index showing multiple Positive momentum with Flag Pattern breakout & initial targets coming as 40% upside from current levels after CUP pattern breakout. Happy Investing.Longby JITU_2106