Another indicator on if things go well with the breakout, we may see good momentum in Indian IT Sector. Although until that happens, the price can always reverse. So a little patience might pay well.
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Relating it to Nifty IT !
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Boy-o-Boy the NDX is on fire 🚀🚀🚀🚀
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We have reached a potential resistance area. When the markets rise, it is crucial to book profits in a structured manner. :)
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Updated price action and potential price points:
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The low of the breakdown candle did not trigger. The price is well above the 15000 mark.