With broad sectorial rotation, IT joins Pharma and FMCG for softer bias. Price action is near the minor trend line and break there targets the LBB. Further break below LBB 20500 would propel the bear case. RR with 0.5% stop and 1% gain is favoured. Stay short.
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TA Primer ping me on +971507107155 +918106170817 details @sribhashyam65 twitter handle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.