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Sunil Kotak

24th Feb · SEBI-Registered Analyst

Nifty IT Index

Nifty IT Index 1) Nifty IT index is in deep trouble for now 2) On weekly chart fresh low seen 3) Chart attached in media 4) Anthropic is releasing fresh tools and plug-in almost twice a week and that is triggering sell off in most of IT companies in India 5) This is challenging the business model of Indian IT Companies 6) Technically very weak 7) RSI below 40 for the Index - Stock on radar -

PERSISTENT
8) All this is for information. 9) This is not a buy/sell recommendation. Thank you, Technofunda24

#StockInNews#WatchOutFor
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