Nifty IT had broken above the neckline of Complex Cup with Handle Pattern as can be seen in the chart.
It is down with some bad news in the Global Markets and currently, offers a sure shot returns of 21% as per the technical target. This is the easiest money available in the Indian market right now as the companies included in the index are some of the largest and most trusted with excellent track record.
As they say, investors must 'Feel Greedy when others are Fearful.' The worst is over for IT and this SAFE CONTRARIAN bet will surely make you feel proud of yourself when it achieves target.
You can trade this index with ITBEES ETF available on NSE.