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Nifty IT Index :: Breakout or Fakeout

NSE:CNXIT   Nifty IT Index
Nifty IT Index given a very good run up in recently however, when we see the weekly index the RSI levels is showing signs of Divergence, If it holds it gains or we see a reversal that time will tell.

The Monday move will provide the confirmation regarding this breakout, so be watch full...

Note: for Education purpose only
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