 "The Nifty IT and Auto indices face bearish trends, prompting a “sell on rise” strategy amid escalating market pressures.")
The Nifty IT and Auto indices face bearish trends, prompting a “sell on rise” strategy amid escalating market pressures.
The Nifty IT Index is currently showing a bearish trend, with a potential sell-off if it closes below 41,600. Traders should consider adopting a “sell on rise” strategy to navigate the expected downward pressure, with key support levels at 40,750, 38,925, and 37,500. Meanwhile, the Nifty Auto Index appears overbought and may face a correction ...
