TCS, Infosys lead market rally. Here's how key IT stocks look on the charts

Here's a look at how the four Nifty IT stocks look on the technical charts -

The Nifty IT index is witnessing consolidation in the range between 13,600 - 15,000 as per the daily chart. The index has been hovering around its 200-day moving average (DMA) and 100- DMA and has failed to break out of this range due to lack of follow-up buying. A breakout will lead to a bigger rally and the index can then hit the 16,400 mark. On the other hand, the index can hit 12,500 levels in case the trend weakens.

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The index has witnessed lower volumes around 15,000 levels,