You Searched For "IT Index"
Go for level-based trading
Sensex’s 80,400 and 80,000 would act as a key support zone for the bulls while 81,600-82,000 could be the key resistance areas
Stay with selective stocks
Friday’s low of 22,789 will be short-term support, a close below this will test the 20 and 50DMAs; Broad range for next 2 weeks is 23,550-22,500
Market in overbought zone
On the lower side, 75,500-74,900 would be the key supports zone, while 75,200-75,800 could act as key resistance areas
Time to take a break from trading
Investors need to wait for the market to stabilise; This can help investors avoid making impulsive decisions and give time to reassess strategy
Market texture still non-directional
If Sensex slips below 73,700 level, then possible one quick intraday correction till 73,400-73,200 range
Markets to take a strong directional
The benchmark indices experienced profit-booking, resulting Sensex closing 456 points lower. “The IT index declined by more than 2.5% while...
Sensex holding Lower Top formation
The short-term market texture is still in to the weak side, but one technical bounce back possible if the index succeeds to trade above 72,200pts
IT stocks lead Sensex plunge
Mumbai: Weakness in IT shares are leading the Sensex plunge of more than 600 points on Tuesday. In the process, Sensex has breached the 73K mark....