Nifty IT Index
Viés de alta

Tech stocks may be in for another rally

Atualizado
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.
Trade fechado: stop atingido
Stopped out.
Trade ativo
Sell CNX IT with stoploss of 16180 target of 15800
Ordem cancelada
CNXITFibonacciFlagHCLTECHINFYMINDTREESupport and ResistanceTCSTECHMtechnology

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