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Reports for search string : CNX IT

CNX IT: The present weakness could gives an opportunity of buy on dips
One may look to buy this sector/sector participants on dips (down to 10350-10300 levels) and may expect upside bounce back from the lows for the potential upside target of around 10900 levels, for the...
HDFC Sec, 21 Aug 2017
CNX IT: Downside levels to be watched is around 9850-9800 in the next 1-2 weeks
Having declined sharply during last few sessions, there is a possibility of minor consolidation or minor upside recovery attempt in the next few sessions, but, the expected upside bounce back or recov...
HDFC Sec, 19 Apr 2017
CNX IT: Continue with long positions in IT sector/components, but be cautious
The underlying trend of IT sector as per smaller and larger timeframe is positive and some more upmove is likely by next week. One may look to continue with long positions in IT sector/components for ...
HDFC Sec, 06 Mar 2017
CNX IT: Buy the IT sector/components on any dips to 9850-9750 levels
The IT sector is now approaching a key overhead resistance around 10100-125 levels and there is a possibility of minor weakness from the highs. It would be prudent to buy the IT sector/components on a...
HDFC Sec, 07 Feb 2017
CNX IT: Weakness likely to continue for coming weeks
The IT sector is showing renewed weakness after the rise and the present decline is likely to continue for coming weeks. The next lower levels to be watched is around 9750 levels, for the next couple ...
HDFC Sec, 09 Jan 2017
CNX IT: Expect upside bounce back from the lows
Though IT sector is showing minor weakness from the highs, we observe a strong bottom reversal pattern as per larger timeframe. The present weakness could possibly end around 9800 levels and we expect...
HDFC Sec, 05 Dec 2016
CNX IT: Create short positions in the IT sector
The underlying IT sector as per smaller and larger timeframe is weak and one may expect continuation of weakness for the next 1-2 weeks. Next lower levels to be watched is around 10070 levels.
HDFC Sec, 04 Oct 2016
CNX IT: 10450-10350 levels could be a short term buying opportunity
The underlying trend of IT sector is still weak. But, having formed a reversal type pattern this week as per larger timeframe chart, there is a possibility of upside rebound in the IT sector in coming...
HDFC Sec, 06 Sep 2016
CNX IT: The underlying short/near term trend is weak
The underlying short/near term trend of IT sector is weak and there is a possibility of downside breakout of the key support of around 10700 levels by next intra week. The reasonable dips to be watche...
HDFC Sec, 22 Aug 2016
Nifty Consolidates As GST Tabling Delayed, Fed Meet Eyed Today
Nifty enters a consolidation phase as it seems likely that tabling of GST bill in Rajya Sabha may be delayed. The Mid Cap and Small Cap stocks also gave correction yesterday. The notable exception was...
Dynamic Equities Pvt Ltd, 27 Jul 2016
CNX IT: Recovery from the lower levels likely in the coming weeks
The IT sector has demonstrated a sharp weakness in last week. But, the presence of key lower level support and the positive indication of momentum oscillator as per larger timeframe chart could signal...
HDFC Sec, 18 Jul 2016
CNX IT: The underlying trend is still dicey and strength is lacking
The underlying trend of IT sector as per smaller and larger timeframe is still dicey and strength is lacking. There is a possibility of minor declines by next week, but the key lower levels support ar...
HDFC Sec, 04 Jul 2016
CNX IT: Sell on rise for the next 1-2 weeks
The short term trend of IT sector is mild positive, but the current upside momentum is unlikely to sustain for long. The upside of around 11375-11475 levels could act as a strong resistance for the se...
HDFC Sec, 20 Jun 2016
CNX IT: Buy on dips for a near-term target of around 11500 levels
The IT sector is in a weak trend as per the smaller and larger timeframe chart. But, having placed at the key supports and also a setup of positive sequence, one may expect the possibility of upside b...
HDFC Sec, 02 May 2016
CNX IT: Weakness is setting in from the higher levels
The underlying trend of IT sector is now loosing strength and the weakness is setting in from the higher levels. The beginning of weakness is expected from next week and the lower level targets to be ...
HDFC Sec, 04 Apr 2016
CNX IT: Hold longs for a reasonable upside levels for the next two weeks
The underlying trend of IT sector continues to be positive and one may expect further upmoves in coming weeks. The next upside levels to be watched is around 11300 and next 11410 in the next couple of...
HDFC Sec, 21 Mar 2016
CNX IT: The IT sector continues to look positive; Buy mid-cap IT stocks
The IT sector continues to look positive. One may look to accumulate IT participants and mid cap IT stocks at current levels and also buy on dips for a reasonable upside targets.
HDFC Sec, 08 Mar 2016
CNX IT: Create long positions in IT components for the next 1 or 2 weeks
The underlying short term trend of IT sector is positive, but significant upmove is not expected from here. One may look to create long positions in IT components for the next 1 or 2 weeks for the min...
HDFC Sec, 22 Feb 2016
CNX IT: Look to buy the sector/components on dips around 11150-11100 levels
The underlying trend of IT sector is still positive, but is not gaining enough upside momentum to show upside breakout of the consolidation pattern. The IT sector is expected to reach the upside level...
HDFC Sec, 08 Feb 2016
CNX IT: To reach the upside target of around 11650 levels in the next two weeks
The underlying trend of IT sector is positive and the upside breakout of the hurdle of around 11300 levels could possibly lead this sector to reach the upside target of around 11650 levels in the next...
HDFC Sec, 01 Feb 2016
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