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Nifty IT Index

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CNXIT trade ideas

NIFTY IT - Observation NIFTY IT - Observation Watch the historic chart of IT index. It is replicating it's historic movements. I am expecting IT index to cool down and come near to 21 ema or become range bound for some time now. I can be wrong as well here.

Long

by Ganand1912

NIFTY IT NIFTY IT Bull Flag Brekout Concentrate It sector Targets 1.40051 2.43641

Long

by Balaok

At support zone If this support is broken expect a good downfall Watchout for any reversal indication

Short

by jjthomas94

Updated

NIFTY IT Bullish pole and flag breakout just need to retest and again trend continuation.

Long

by RAHULSUTAR

NIFTY IT RISE IS FOR SALE NOT TO BUY niftyit showing rsi diversions iftyit showing rsi diversions iftyit showing rsi diversionsiftyit showing rsi diversions iftyit showing rsi diversions iftyit showing rsi diversions

Short

by DRAMOL

Retest for it sector IT Sector flying , Retest then fly. In it sector there is some correction is possible.

by Shubham_55

IT Index @ support : Go LONG in select IT stocks Top Down trading strategy - IT index at RS support. - Go Long in select IT stocks which are having similar structure to the IT index. notable IT stocks to initiate positions now: hcltech sonatsoftw ofss cyient

Long

by InvestIn10

Updated

NIFTY IT : IN CHANNEL NIFTY IT AGAIN ENTER IN CHANNEL...False Break out was seen on Saturday but due to Heavy selloff in market Nifty IT Again Enter in DECENDING TRIANGLE

Short

by PNW_INVESTMENTS

Nifty IT Triangle Breakout Nifty IT will be my radar for up coming sessions. Might come for retest but over all looking good for up side.

by MARKET_SCENARIO

NIFTY IT : IN DECENDING TRIANGLE Nifty it trading in correction of 4 hour chart...and also rangebound trend....now trade in upper range of triangle....pricewise Correction correction is completed when Nifty it till 34400....and expected to till Feb 2022

Short

by PNW_INVESTMENTS

NIFTY IT - CHANNEL PATTERN - PREDICTION In the channel, pattern sellers give the impulse move when the buyers struggle to push price higher. the buyers strength is gradually decreasing and the breakout is expected in downside.

Short

by krishscorp

IT SECTOR : Still in uptrend IT Sector weekly chart shows uptrend is still intact. Index trading above 30 WEMA which suggests it is in Stage2- Uptrend. Relative Strength is positive as against the Nifty 50 Index. Larger stocks within the index have seen decent correction & seems to be forming bases for next leg of move. Will be considered weak if it breaks down below 30 WEMA. Would start next leg of upmove on breakout of the current trading (box) range marked. Only for educational purposes, not a buy/sell recommendation.

by Saninvestor

NIFTY IT - Observation Forming a bullish pin bar pattern today, ie absorbing all the supply at day end. However, I still do not feel confident to go long on NIFTY because unless this resistance is beaten down, we may fall several times. Moreover, we also have a gap between 17100 to 17300. Index should cover this gap first. Will advise to go long only if we get a decisive close above supply zone.

Long

by Ganand1912

CNXIT (IT INDEX-NSE) Analysis For December 08, 2021 CNXIT (IT INDEX-NSE) has show clear up trend. Important levels to check are 35380 and 35140. One can think to enter a fresh buy above 35400 and sell below 35140. Up trend may still continue and resistence are 35370, 35600. Supports on reversal are 35000 & 34850. Reach us on TradingView to get Free Access to our Indicators! Find BOBALGO on Tradingview.com Whatsapp - 91 96240 44866

Long

by ProspireWealth

Nifty IT 34550 in IT sector can be a major support zone. Below this I will looking bearishness in IT Stocks. Keep an eye

by MARKET_SCENARIO

IT sector - Harmonies Indian IT sector is currently struck in range , and forming bull flag pattern How to trade in range -

by hemantk9042

abaove 35350 nifty IT will give breakout abaove 35350 nifty IT will give breakout RSI positive Divergance taken support from demand zone on daily time frame

by AsifHussain999

Nifty IT Looks like Double Bottom. Ready For Break Out. What do you think Break Out or Break Down

Long

by abhipn

Updated

IT index looking weak expecting IT index to hit 31000 in coming time. after a long bull run time to book profits in IT sector

Short

by gocovidgo

CNX IT - Rectangle formation CNX IT - Rectangle formation CNX IT - Rectangle formation CNX IT - Rectangle formation

Long

by BhushanKhairnar

NIfty IT IT Sector has given good move in last trading session , there is high chance that this trend will continue, but we need a short correction to enter , long in this sector Stocks to focus #MINDTREE #LTI #TCS #WIPRO #HCLTECH #TECHM #INFY

Long

by hemantk9042

Updated

CNXIT Chart study shows bullish IT sector, dotted trend line drew on monthly chart from top of sep month and it's working fine on daily chart as support and resistence, which is broken upwards on Friday also, also closed above EMA20 entire week starting 8th Nov, 34400-34778 working as a great support since sep 1st week. Seeking target 37335-37823., if closes above 37900, can expect further momentum.

Long

by praveshk2

NIFTY IT Sector to be watchout !!🛑NIFTY IT Sector breakdown and closed below 34600 zone which is psychological support zone and by now, ◽ if it traded n closed above 34600-34700 zone then BUY on dip will work very well in IT stocks where every major IT stocks falled about 10-20% from their highs ◽ with market perspective 34000 will be very crucial support level to hold IT stocks ( and for NIFTY 17600 ) if breakdown this level then market will get major correction for sure 🛑IT sector to be watchout for up coming couple of weeks

by agasthya_d

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