NIFTY IT alert
There was a false double-bottom breakout in Nifty IT. Right now, the critical support levels are the bottoms of the pattern, as drawn by a horizontal support line. Till the Index is above this level, there are no signs of worries, but as soon as it breaches it bearishness will engulf the future trend
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.