Will IT stocks be our saviours?
IT stocks which have been in a downtrend for quite a while now seem to be getting into an uptrend. With rupee hitting new lows against the dollar, things are not looking that bad for the sector.
This might be the beginning of a new uptrend in the sector.
Infosys and Wipro looks a lot better to make an upmove.
Categories: Trading Ideas
Looks more like an operator rally. Someone was waiting for Re to rise. I will put my bet for short term only.
btw- you didnt publish my last comment. Why so?