NIFTYIT - Will Keep on its Optimistic Trend.!

The NIFTY IT Index's daily TF shows that the positive momentum in the IT stock has returned. Recently, the day chart showed a Golden crossover, or the short-term 50DEMA Cross over the long-term 200DEMA.

Recently, the daily chart shows a double bottom breakout and 38.20% FIB support, suggesting that the positive trend may continue for the IT stock.



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