Search

Wave Tattva
Wave Tattva @WaveTattva ·
#NiftyIT Aug '24: Warned about IT index getting exhausted Mar '25: 28850 was predicted in under Wave 4 Mar '26: 28850 is reached. Going forward: Downside may be limited, worst case around 23500. Later wave 5 shall hit new ATH. #Nifty50 #StockMarketIndia #ElliottWave
Wave Tattva Wave Tattva @WaveTattva ·
#NiftyIT CMP 36310 ▪︎ Then and Now ▪︎ Predicted in August 2024 about the correction in IT index under larger degree gray wave 4 and to reach the range of below 36000 ▪︎ So far it has reached the low of 35828 since the end of gray 3rd ▪︎ It is about to reach good support ib), which if broken can rsult in possible correction till 28850 (38.2% Fib) Trade wisely! Trade safe! Trade better! Legal disclaimer: For educational purpose only, not a buy/sell/trade recommendation #Nifty50 #BankNifty #GiftNifty #StockMarketIndia #TechnicalAnalysis #ElliottWave
142
Abhishek | Price Action
Abhishek | Price Action @AbhiPX ·
🚨 Nifty IT at a crucial support zone This is a make-or-break level. Hold = bounce possible 📈 Break = more pain ahead 📉 Stay alert. #Niftyv5e
1
96
Harshit Mangal
Harshit Mangal @HarshitMangal17 ·
The Nifty 50 just cracked below 23,000, but one sector is refusing to bleed: IT. 💻 While the Sensex is down 1,100+ pts, TCS, Wipro, and Infy are holding the line. Is this a "dead cat bounce" or a genuine decoupling? #StockMarketIndia #NiftyIT #TCS
228
Ambuj | Indian Markets 📊
Ambuj | Indian Markets 📊 @Ambuaj ·
USD/INR at 94.59. Rupee sliding. Nifty down 1.49%. Nifty IT up 0.43%. Same session. Opposite moves. Each ~₹1 INR fall adds ~1% to IT export revenues. FIIs hate this — weak rupee erodes their repatriation returns. 📉 #Nifty #NiftyIT #IndianMarkets
1
257
INDO GLOBAL DESK
INDO GLOBAL DESK @INDOGLOBALDESK ·
#NiftyIT standing Strong in Dead Market ..I Analysed NiftyIT Bottom at 28300, Exaxt reverse from those levels
INDO GLOBAL DESK INDO GLOBAL DESK @INDOGLOBALDESK ·
Sector Analysis Series : #NIFTYIT NIFTY IT finally Bottom At 28300 ?? Is Indian IT Dead ☠️ ? Absolutely not. Indian IT is not facing a structural death; it is going through a classic cyclical downturn combined with a technological transition (the shift toward AI). Why IT om wasn’t a solo act; it was the birth of an empire. If IT sinks, it doesn’t go down alone-it takes the entire kingdom with it. From banking to skyscrapers, everyone is tied to the same anchor. Why bad days of IT going on : Indian IT is heavily dependent on the US and European markets (especially the BFSI sector). High interest rates over the past couple of years have made capital expensive, forcing Western clients to pause discretionary tech spending. Conclusion : The worst of the price damage seems to be already priced in at these historical support levels. While a V-shaped recovery might be difficult immediately, accumulating fundamentally strong IT stocks in the 30,000 - 31,500 zone offers a highly favorable risk-reward ratio for patient investors.
81