Since all the IT stocks are trading in a 52-week low, which IT stock is a good bet in 2022?

in #trading • 2 years ago

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IT is the point of concern for all right now. Its weakness has created many questions in our mind. So, lets discuss about IT in details.

Before we go further lets see the chart of IT

First if we discuss it technically then 26400–600 is the final Support and Do&Die level for Nifty IT.

If it breaks this level then, for traders it will become weak. But for long term investment prospective it will create another opportunity for adding quality stock on discount.

So, you have to take decisions according to your style of investment.

Now lets discuss which stocks we can focus on dip.

Bluechip:-

TCS

INFOSYS

WIPRO

HCL TECH

LTI

But for high growth and with some high risk we can focus on

Mindtree

LTTS

Mobile Route

Tata Elexi

This all is just for study purpose. Do your own research before investing

Thank You

Happy investing🙂🙏

2 years ago in #trading by
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