Has the worst ended for IT stocks? Geojit’s Anand James sees a bullish turn emerging
⚡ Quick Summary
India's IT sector shows signs of life after deep corrections and selling. Technical indicators and derivatives data suggest risk-reward is shifting for bulls.
India's IT sector shows signs of life after deep corrections and selling. Technical indicators and derivatives data suggest risk-reward is shifting for bulls. Nifty IT index has produced multiple weekly reversal candles near support zones. Kalyan Jewellers hit a fresh 52-week high, while Trent's update disappointed investors. SWSOLAR and BLACKBUCK are identified as top stock picks for the week.
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