NIFTY IT - Just a view

Updated
Key highlights: 💡⚡

📊 Currently NIFTYIT may take support of level 28663 which was previously working as resistance.
📊 If it is breaking support level one can go for SHORT into IT sector.
📊 Example : MPHASIS & COFORGE for SHORT.

IF SUPPORT LEVEL IS BREAK THEN ONLY GO FOR SHORT TRADE.

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Note
INDEX-
CNXIT - (-3.53%)

SCRIPT:-
MPHASIS - (-3.64%)
COFORGE - (-4.10%)
Note
NIFTY IT currently trading at its resistance zone.
KEEP AN EYE ON IT STOCK .
EXAMPLE - TECHM , DIXON.
Note
Tech Mahindra LTD - Trendline +  Descending Triangle Breakout
Chart PatternsCNXITTechnical IndicatorsjustanopinionsupportTrend Analysistrendilens

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