#NIFTYIT
simple observation -Rally 2 consequtive years of negative return and current year is the first year in 2 year of cycle-so more pain ahead
#AhmedabadNest #analysi #India

More from NISHSHKUMAR JAANI
More from Cnxitlongterm
Weekly chart.
Each Fibonacci retracement level shown in #box likely to be tested in time to come.
#Perspective https://t.co/aDDZJV2KE3

#CNXIT-36442#NiFTY IT
— Waves_Perception(Dinesh Patel) \u092e\u0948\u0902Schedule Tribe) (@idineshptl) March 25, 2022
Weekly chart.
Objective is to creat lower top against ATH.(39446.70)
MACD showing negative divergence. Attract selling pressure in time to come.#Probability pic.twitter.com/hPx8SMpeoo
#CNXIT https://t.co/bJeKTMoCji

The current formation might look like a falling wedge, but the way moving averages are placed, it looks like a falling wedge which can lead to a parabolic downmove for the marked target. #CNXIT pic.twitter.com/GmXOI3HmUN
— Aakash Gangwar (@akashgngwr823) May 10, 2022
#CNXIT
Parabolic move has been triggered. Let's have 27k. That could be the buying zone for IT names. #CNXIT https://t.co/bJeKTMoCji pic.twitter.com/ab6w1mysz0
— Aakash Gangwar (@akashgngwr823) May 19, 2022
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