IT sector is slowly recovering. Good time to buy IT stocks
50% price correction is done along with PE
PE is less than industry PE
promoters and FIIs are increasing stake
Public's stake is decreasing
VOLUME is increasing.
Running above 21 day EMA
TARGET -1 : 1350
TARGET -2 : 1600
STOP LOSS: 990
**These are my personal observations. Please trade at your own risk.**
50% price correction is done along with PE
PE is less than industry PE
promoters and FIIs are increasing stake
Public's stake is decreasing
VOLUME is increasing.
Running above 21 day EMA
TARGET -1 : 1350
TARGET -2 : 1600
STOP LOSS: 990
**These are my personal observations. Please trade at your own risk.**