Tech stocks may be in for another rally

已更新
Applied Fibonacci levels to IT index.
Index seems to be closing above it short term resistance oh 16086 level. A strong breakout above previous highs of 16130 will be a buying opportunity in Tech stocks like Techm Infy TCS Wipro Mindtree which have been strong.
Weaker rupee may be a trigger. But one should wait for a breakout and not hurry since they have rallied a lot this year.
交易结束:到达止损
Stopped out.
交易开始
Sell CNX IT with stoploss of 16180 target of 15800
订单已取消
CNXITFibonacciFlagHCLTECHINFYMINDTREESupport and ResistanceTCSTECHMtechnology

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