Nifty IT Index
It is clearly visible from the technical charts, that the Nifty IT index is reversed from the major support zone. Momentum indicator RSI is also reversed from the oversold region first time after the 2020 bottom.
We may see upside in the coming days, sustain above 35200 then we may see levels of 37800++ in the coming days.
Keep eye on major IT stocks like- TCS, WIPRO, INFOSYS, MINDTREE, etc.
More we will update soon!