Page 4 - Nifty It Index

Nifty Auto, IT indices range-bound on charts; Key levels to watch out for

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is seen oscillating between 37,930 and 36,136 trading range.

Nifty IT near 2-year high; up 9% in 2 days post solid Q3 show by majors

The Nifty IT index was trading at its highest level since January 19, 2022. It had hit a record high of 39,446.70 on January 4, 2022.

Nifty IT index trapped in consolidation range; Auto nears major hurdle

According to Ravi Nathani, an independent technical analyst, the Nifty IT index is seen consolidating in the 35,300 - 34,400 trading range.

Nifty, Bank Nifty bounce back: Should you sell the rally? Check key levels

As talks of an impending market correction grow louder, here's a quick chart check on the Nifty 50 and key sectoral indices.

Nifty IT logs biggest two-day gain since July 2020; Sensex soars past 71K

Bellwether stocks Tata Consultancy Services, Infosys, and HCL Technologies each witnessed a 5 per cent jump on Friday, accounting for over half of the market gains

Nifty IT index surges 3%; Mastek, Sonata, Mphasis, Coforge rally up to 9%

At 10:12 AM, Nifty IT index, the top gainer among sectoral indices, was up 2.7 per cent

Nifty Auto to consolidate in near-term; Nifty IT may correct, show charts

The recommended strategy in Nifty Auto index is to initiate sell positions at the prevailing market price or during upward movements

Bias for Nifty IT index to turn bullish only above 32,664, indicates chart

According to Ravi Nathani, an independent technical analyst, the Nifty Auto index is likely to exihibit bullish trend as it hovers in uncharted territory.

Look to sell Nifty IT on rise; Auto index may consolidate

According to Ravi Nathani, an independent technical analyst, the 32,649 level is anticipated to act as a stiff resistance for the Nifty IT index.

Nifty Pharma index needs to breakout above 14,900 for a bullish move

According to Ravi Nathani, an independent technical analyst, the select momentum oscillators on the Nifty IT index have reached oversold zone, thus suggesting a potential rebound in the near term.

Nifty Auto eyes fresh selling below this level; Buy Nifty IT near support

As per Ravi Nathani, traders should wait for the correction to complete and start buying Nifty IT index at or near the support level of 29,800

Nifty IT, Metal indices: Adopt 'Sell on Rise' strategy; here's why

According to Ravi Nathani, an independent technical analyst, one can consider to sell the Nifty IT and Metal indices near resistance levels.

Nifty IT index looks bullish, can rally up to 7%; FMCG may consolidate

According to Ravi Nathani, an independent technical analyst, the IT index could see a fresh wave of buying enthusiasm on clearing the minor resistance zone of 31,200-31,400.

Infy, TechM: Nifty IT index scales 4-month high, sets eye on 52-week peak

Selective IT stocks may rise up to 22% in the upcoming sessions, as per their technical charts

Nifty IT index gains 6% in 2 days; Tech Mahindra, Coforge hit 52-week highs

Mphasis surged 4 per cent, while TCS, Infosys, HCL Technologies and L&T Technology Services gained in the range of 2 to 3 per cent

TMS Ep436: India's macro data, K Srinath Reddy, Nifty IT-NASDAQ, TCS rule

What does India's latest macro data imply? Why does K Srinath Reddy believe booster shots are no longer needed? Has the Nifty IT-NASDAQ correlation ended? What is the new TCS rule? Answers here

Has the correlation between the Nifty IT index and the NASDAQ ended?

The gain in NASDAQ thus far in CY23 was largely fueled by Google, Apple, Amazon, Netflix and Meta Platforms - also known as the FAANG stocks.

Charts show range bound trend for Nifty IT in near-term, adopt sell-on-rise

Given the current market conditions, the best trading strategy for traders would be to buy the Nifty IT Index near the support levels and sell it near the resistance levels, said the technical analyst

Infosys can slip below Rs 1,000 levels; TCS can hit Rs 2,900, charts show

Nifty IT index may fall up to 3 per cent post hitting a new 52-week low, trend turns bearish.

Nifty IT index plunges 8% after TCS, Infosys post subdued Q4FY23 results

At 09:47 am; Nifty IT index, the worst performer, down 6 per cent, as compared to 1 per cent decline in the Nifty50 index