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Nifty IT may take support at this level

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Nifty IT Index (NSE:CNXIT)  
The_Indus_Trader  
NSE:CNXIT   Nifty IT Index
Trend Analysis Support and Resistance Fibonacci niftyit niftyitstocks niftyitlogin cnxitlong cnxitbuy CNXIT
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trendanalysis supportandresistance fibonacci niftyit niftyitstocks niftyitlogin cnxitlong cnxitbuy cnxit
CNXIT is traveling in a channel and it got a rejection from the top of the channel we have a demand zone for CNXIT from 34453 to 33500

We are going to be bullish in CNXIT until a daily candle closes below 33500.

So we can plan swing trading in this sector and we can take long positions if get any long setup in the stocks which come under this sector but we have to wait until it enter into DemandZone.

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