So far it has given poor performance in the IT Sector , But now good days are coming for this sector
In the coming days, you will see great growth in the IT sector, so my request to the investor is to invest in these stocks and not trading because trading can fail you but investment can give you a great return.
Let us know the story of 2020 when this sector saw a decline during the Corona period, no matter which sector you pick up and see. In 2020, you must have seen the decline in all the sectors. But after April of 2020, this sector has seen such a great growth.
And in this sector, the consolidation was seen in the month of September 2021, which was seen for 3 months. Then after that it gave breakout in the month of January and after giving breakout it put high and after setting high it started moving down from there and if we talk about this retracement till now it has been up to 0.38%.
And if you look at the Nifty IT index, the low that the Nifty IT index had made in May 2022, now the same low is being tested again in June. But he has again taken support in this. This means to us that this index is now bottoming out which is showing us the W pattern.
If you look closely at the Nifty IT index, you will see one more thing which shows that what was non-formed in the Nifty IT index. It was due to gap on 18 April 2022. Due to the Ukraine-Russia Crisis, there was more decline in this sector, so due to this, this gap will not take time to fill. If Nifty IT Index breaks this level. 33100 then this gap will be filled in the coming of month,
And if you look at the Nasdaq, you will also see that the decline you were seeing in the Nasdaq. Now she is complete. You will also see recovery in Nasdaq, which is said to be the largest index of the American market. Now when you will get to see the recovery in Nasdaq, then it is obvious that you will also get to see a jump in the Nifty IT Index of Indian also . Because it is co-relate with each other .
So what you have to do first, then the first thing you have to do is that you have to buy high liquidity stocks like Wipro TCS Infosys, etc . All these stocks have the highest liquidity and add up are the stocks with have low liquidity. Like Minetree Hcl Tech and many more , you will get to see some condition in all these stocks. But you will get to see the biggest jump in these Stocks compare with large stocks .

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