Nifty IT Index
Panjang
Telah dikemas kini

Tech stocks may be in for another rally

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 a lot this year.
Dagangan ditutup: hentian tercapai
Stopped out.
Dagangan aktif
Sell CNX IT with stoploss of 16180 target of 15800
Pesanan dibatalkan

Penafian