Get started
shahb4131

IT INDEX coming out of falling trendline....

Long
Nifty IT Index (NSE:CNXIT)  
shahb4131 Updated   
NSE:CNXIT   Nifty IT Index
Trend Analysis Trend Lines
8
0
trendanalysis trendline
IT Index is breaking out from falling channel on monthly as well as on weekly basis.
Many IT stocks looking good.
But best way to take advantage is by investing in ETF of IT Index which is ITBEES cmp 30.90, Index is around 29600 can achive target of 33000/35000/41000
Comment:
Made high of 31650 weekly close above that new rally will start
Trade closed: target reached:
36000 plus done
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.