Despite, weak investor sentiment, NIFTY IT shows a higher high, higher low structure, leading to a buy on dips trade
ABB is seen in a downtrend on daily charts. The downward trending channel seems strong as it has been active since August 2022 and has also been tested many times. ABB can be shorted at around 2933 level to monthly support level of 2693.
Aarti Industries looks weak on weekly and monthly charts, trading below critical pivot, can be shorted till 400 levels