CNX IT Daily Sentiment is negative and down for the consecutive 11 days. Possibly oversold and could bounce back in the shorter term. However last week earning results on the IT stock made the weekly sentiment to turn down. So the overall bias on the CNX IT stocks are wait for the bounce to happen followed by a sell of as the weekly sentiment shows medium term bearishness.
More Sentimental Analysis here : marketcalls.in/futures-and-options/sector-overview-cnx-it-october-2015-sentiment-and-gap-analysis.html
More Sentimental Analysis here : marketcalls.in/futures-and-options/sector-overview-cnx-it-october-2015-sentiment-and-gap-analysis.html
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.