Friday, September 26, 2008


IT stocks if you think they have hit the bottom

Read this with a pinch of salt
Daily chart shows a big Head & Shoulder so before you think of buying then wait for
more dips ,Also a big trigger for IT sector would be INFOSYS results.
If we go by HS target would be a fall of about 500 points more in the IT index.
Recent financial turmoil in USA too had hit IT badly as they lost many big clients.
This is my personal view you may or may not follow this :)

Of course some rise may come before fall.



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