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MTECHTIPS:-CNXIT
The Technology index witnessed a day of positive upmoves, as the index managed a positive session after few days of profit taking in the markets. The levels around 6180 will act as strong support zones for the index, and if these levels are broken we may soon witness the index testing 6100 levels again. The technology index in coming sessions if manages to hold above the 6260 levels again, we may soon witness levels of 6340 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 positive upmoves, as the index managed a positive session after few days of profit taking in the markets. The levels around 6180 will act as strong support zones for the index, and if these levels are broken we may soon witness the index testing 6100 levels again. The technology index in coming sessions if manages to hold above the 6260 levels again, we may soon witness levels of 6340 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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