Skip to content

Nifty IT index poised for breakout; analyst top picks include large caps HCL Tech, TCS and Infosys

The Nifty IT Monthly Chart indicates that the recent decline found support at the long-term rising trendline. Technical analyst notes this as a significant long-term bullish development. Additionally, seasonal data points to November as a good month, and December as the best, making it opportune to accumulate the IT index during recent weakness to ride the upcoming positive seasonal trend.

Read More

​ The Nifty IT Monthly Chart indicates that the recent decline found support at the long-term rising trendline. Technical analyst notes this as a significant long-term bullish development. Additionally, seasonal data points to November as a good month, and December as the best, making it opportune to accumulate the IT index during recent weakness to ride the upcoming positive seasonal trend. The Nifty IT Monthly Chart indicates that the recent decline found support at the long-term rising trendline. Technical analyst notes this as a significant long-term bullish development. Additionally, seasonal data points to November as a good month, and December as the best, making it opportune to accumulate the IT index during recent weakness to ride the upcoming positive seasonal trend.  Moneycontrol Latest News Read More  

Leave a Reply

Your email address will not be published. Required fields are marked *

en_USEnglish