Nifty IT - Technical view

Nifty IT - Technical view 1) Nifty IT has given a fresh break out on daily charts 2) RSI crossover above 60 seen 3) Breakout and retracement also seen 4) Sector bias is positive now 5) Stay with good quality stocks for now 6) Book regular profits and keep churning sector 7)Stock on radar -

8) Support for index at 38400-38500 9) Resistance for index at 39400-39500 and then at 40100-40200 10) All this data is for information 11) This is not a buy/sell call. Thank you, Technofunda24