Is Indian I.T sector rally over? " Shooting Star Pattern"
According to technical indicators and candlestick analysis looks like the Indian I.T sector share gets overstretched and correction is possible. Also, RSI is in the overbought zone (80), and also in day frame analysis, it has formed a "Shooting Star" pattern (Trend reversal pattern).
Here, by Nifty I.T analysis I am referring to I.T stocks
Eg:
TECHM , 
TCS
This analysis is done only for educational & intelligence purposes, invest or trade at your own risk & will.
Here, by Nifty I.T analysis I am referring to I.T stocks
Eg:
TECHM , TCSThis analysis is done only for educational & intelligence purposes, invest or trade at your own risk & will.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.