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MTECHTIPS:-CNXIT
The Technology index witnessed a day of sharp profit booking from intraday highs, and the index closed around the 6300 levels in yesterday’s session. The levels around 6280 will act as strong support zones for the index, and if these levels are broken we may soon witness the index testing 6200 levels again. The technology index in coming sessions if manages to hold above the 6350 levelsagain, we may soon witness levels of 6400 and higher in the index. The technology index after testing new highs recently is witnessing profit taking, but the index should hold above the 6300 levels to stay in positive territory.
The Technology index witnessed a day of sharp profit booking from intraday highs, and the index closed around the 6300 levels in yesterday’s session. The levels around 6280 will act as strong support zones for the index, and if these levels are broken we may soon witness the index testing 6200 levels again. The technology index in coming sessions if manages to hold above the 6350 levelsagain, we may soon witness levels of 6400 and higher in the index. The technology index after testing new highs recently is witnessing profit taking, but the index should hold above the 6300 levels to stay in positive territory.
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