NiftyIT minor profit booking at a key resistance level, after a week of rally. Price bounced at strong support level, formjng a double bottom . Since it is at oversold region, we might not see a newer dip than the present one. Good time to accumulate IT stocks for long term investment.
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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.