Page 6 - Nifty It

Nifty Pvt Banks & IT: Check key breakout levels, trading strategies here

The Nifty Pvt Banks Index is currently trading within a defined range of 25,900 to 25,400. A close above or below this range would act as a trigger for a directional move.

3 reasons why the Sensex surged nearly 1,300 points on Friday, July 26

For context, the record highs for Sensex and Nifty50 are 81,587.76 and 24,854.80 levels, respectively.

Cyient to set-up subsidiary for semiconductor business; stock rallies 7%

The uptick in stock price came after the company announced the strategic expansion of its semiconductor business with the establishment of a fully owned subsidiary

Should investors book profits in Nifty IT, Auto? Check key levels here

The Nifty IT Index is poised for a correction in the near term, as technical indicators signal an overbought condition

Sell Nifty IT on the rise; resistance at 38,350, check other details here

The Nifty IT Index is currently trading at 37,314.35. In the near term, the index appears to be range-bound, with the defined range between 37,525 and 37,050

Time to buy Nifty IT on dips and sell Pvt Bank on rise? What charts reveal

The Nifty Private Banks Index is currently positioned to attract profit booking on any rise, making a sell-on-rise strategy the most suitable approach for traders

Nifty IT rangebound, Auto in overbought zone; target, support levels here

The Nifty IT Index is currently trading at 34,023.80, displaying a range-bound pattern in the near term

Is it a good time to book profits in Nifty Pvt Bank, IT? What charts say

IT Index is trading at 33,880.85 and is currently exhibiting a range-bound pattern on the charts. The defined range for this index lies between 34,300 and 32,700

Is it time to sell auto stocks and buy IT counters? What charts say

The Nifty IT Index is currently priced at 33,613.05, indicating a bullish trend in the near term. Given this upward momentum, the best trading strategy for traders would be to buy the index either at

Nifty IT rangebound, FMCG bullish in near term: Here's how to trade

The Nifty FMCG Index is showing a bullish trend on the charts, with the potential for a fresh bullish breakout if it closes above 55,500

Nifty Auto signals downward trend on charts: Check key levels here

The Nifty Auto Index, currently priced at 22,458.65, is exhibiting a downward trend in the near term as per the charts

Nifty IT, Nifty Auto signal downtrend on charts: Here's how to trade

The Nifty Auto Index, currently trading at 21146.20, is showing signs of short-term underperformance, as indicated by its overbought condition and negative divergence on technical indicators

Nifty IT weak on charts, Nifty Private Bank rangebound: Check key levels

If the index falls below the lower boundary of 23025, the next support levels on charts are expected at 22650 and 22250

Analysts favour defensive bets as hedge against equity market downturn

From defensives, Nifty Pharma index has led gains so far in calendar year 2024 with a surge of 11 per cent, followed by Nifty IT, which is up 4 per cent while Nifty FMCG has shed 6 per cent

Nifty IT, Nifty Auto may face downward pressure, show technical indicators

Given the prevailing market conditions in Nifty IT, the recommended trading strategy is to sell on rallies, with a stop-loss set at 37,100

CLSA downgrades TCS, HCLT; Nifty IT sheds 5% from 52-week high in February

The Nifty IT index was the leading sectoral loser in Tuesday's trade, down nearly 2 per cent at its intra-day low of 36,613. With this, the index has shed 5 per cent from its 52-week high of 38,560

Will IT sector be the dark horse of 2024 on rate cuts? What analysts say

Most global traders now expect the first Fed rate cut to be announced in June against early bets of March

Nifty IT slides for second day with 1% fall: What's weighing on IT stocks?

The latest inflation data in the US for January, which showed a surprise increase, has kept domestic IT stocks listless from last week

Nifty Auto near overbought zone, Nifty IT seen rangebound: Check key levels

The identified resistance levels for Nifty Auto are anticipated around 19,350 and 19,550

Nifty IT seen weak on charts, Nifty Auto rangebound: Check trading strategy

Adding to the cautionary signals, the RSI in Nifty IT index has recently broken below the 70 mark, reaching a reading of 66.27, said Ravi Nathani