Discover and read the best of Twitter Threads about #CNXIT
Most recents (4)
#CNXIT History of IT Sector in India: A data-based perspective
In last 1.5 years, we witnessed a heavy price correction in IT sector. This is evident from CNXIT index movement which is 32% down in last 1.5 years (we kept cautioning repeatedly then)
In last 1.5 years, we witnessed a heavy price correction in IT sector. This is evident from CNXIT index movement which is 32% down in last 1.5 years (we kept cautioning repeatedly then)
Now, sector is also facing headwinds. Typically, this is how market behaves. Market is always ahead of reality. It tops when valuations highlight major froth, smart money slowly exits n new entrants think they know it all, are scapegoats. Companies r lowering their guidance.
Within a year, we have come from healthy double digit growth to low to mid single digit growth projection. Question is - Is it something new or there is something to learn from history?
History is an interesting subject and price is the first guide. Lets us look at history
History is an interesting subject and price is the first guide. Lets us look at history
Thread π§΅Sector Analysis
Covers #TechnicalAnalysis of most of the sectors.
Courtesy : @YTA_School
RetweetπLikeβ€οΈ to spread learning with all.
Covers #TechnicalAnalysis of most of the sectors.
Courtesy : @YTA_School
RetweetπLikeβ€οΈ to spread learning with all.
1β£ Why Sector Analysis is Must ?
Read these 2 Pages from the Book "Relative Strength With Technical Analysis by @YTA_School
Read these 2 Pages from the Book "Relative Strength With Technical Analysis by @YTA_School
2β£ CNX IT
Index is making a base and strong support.
Once the resistance of 30845 gets broken we can see it crossing 35000/36000.
#CNXIT #NIFTYIT #TechnicalAnalysis
Index is making a base and strong support.
Once the resistance of 30845 gets broken we can see it crossing 35000/36000.
#CNXIT #NIFTYIT #TechnicalAnalysis
If ever leave Twitter, will be proud of 2 things
1. Contribution during covid in apr'21
2. Continuous rant on overvaluation amplified from Oct'21
Here is master thread on each of those rants. Rarely asked but show some love if it made any +ve difference to your investing. journey
1. Contribution during covid in apr'21
2. Continuous rant on overvaluation amplified from Oct'21
Here is master thread on each of those rants. Rarely asked but show some love if it made any +ve difference to your investing. journey
ππππ‘π§π’πππ₯ ππ§ππ₯π²π¬π’π¬ ππ¨π« ππ₯π₯ πππππ¨π«π¬
Detailed π§΅on each sector covering index heavy weight stocksπ
Detailed π§΅on each sector covering index heavy weight stocksπ
