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vikramsthakkar

CNXIT(11375): #InverseHNSBreakout

Long
Nifty IT Index (NSE:CNXIT)  
vikramsthakkar  
NSE:CNXIT   Nifty IT Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Going forward till 11100-11200 holds expect rally to continue towards 11600-11700

Rationale: Inverse HNS formation with Right shoulder formed @ 20DMA indicating bullish momentum, RSI breakout confirms above view
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