CNX IT gives sell signal on charts; Nifty may head towards 7,950: Ashwani Gujral
Ashwani Gujral: While Nifty is holding on to 8,100, the rallies are becoming shallower. For example, on Wednesday the index could not even cross 8,150. So if this continues, at some point, the demand at 8,100 is likely to give way. There have been some indications as well.
The CNX IT index has given a sell signal. Banks are kind of nowhere getting ready for a large move. It is very difficult to see how the market can move higher. In such a scenario, we have taken shor ..
The CNX IT index has given a sell signal. Banks are kind of nowhere getting ready for a large move. It is very difficult to see how the market can move higher. In such a scenario, we have taken shor ..
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.