Bullish on Nifty IT, expecting positive sentiment to continue with an immediate resistance at 28,000 and potential to reach 30,000. The index formed a bullish hammer pattern on the weekly chart, and the daily RSI shows a positive crossover and divergence, suggesting a sustainable bounce after hitting multi-year lows.

Rupak De’s track record: 27 graded calls · 95% CI 34–69%

Nifty ITBullishCalled 06 Jul 2026Graded 04 Sep 2026
Verdict:HIT

Nifty IT rose from ₹27276.45 to ₹31030.25, a +13.76% gain, surpassing the bullish target of 30,000

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