“The Nifty IT index is expected to continue its bearish trend in the near term, driven by heavy selling post-Infosys results, rejection at the 50 EMA, and a bearish RSI crossover. Support is seen at 25,500, with resistance at 32,000.”
Rupak De’s track record: 27 graded calls · 95% CI 34–69%
Nifty IT IndexBearishCalled 25 Apr 2026Graded 27 Jun 2026
Nifty IT Index moved from ₹29159.15 to ₹28389.80, a decrease of -2.64%.
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