Can we see a technical reversal for IT Stocks? Nifty IT Index fell 5%… — Being Limitless — TG.ME

Can we see a technical reversal for IT Stocks? Nifty IT Index fell 5% since last week Profit booking largely completed from previous rally Globally software stocks see good buying overnight as semi-conductor stocks again see a sell-off Tactical sectoral churn may be there Some shorts maybe covered as brokerage views still remain mixed