Time to buy IT stocks. Consolidation seems over

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Guru Vachaal, Mar 18, 2017.

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Will you buy IT stocks?

Poll closed Apr 17, 2017.
  1. Yes

    2 vote(s)
    50.0%
  2. No

    1 vote(s)
    25.0%
  3. can't say

    1 vote(s)
    25.0%
  1. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    I feel the consolidation that has taken place in IT stocks in the past several years is now over and its time to pick some good stocks to make heavy gains.
    [​IMG]

    Indian IT sector will live long.

    I have INFINITE COMPUTER and DATAMATICS in the IT segment.

    CNXIT 10901
     

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    w4wealth likes this.
  2. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    ( NSEIT INDEX 10900 .8 ) , in my view if it cross 11300 , next supply area 12300 to 12900
    Note : i am not a SEBI registered Analyst , it is only Learning and Study Purpose
     
  3. Thamizh

    Thamizh New Member

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    I am holding blue chip companies TCS, hcl and infy.. For close to 3 year But not generated good ROE. Does it mean do I need to look at mid cap companies
     
  4. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    [​IMG]

    See the RSI indicator and stock pattern. A bounce is likely from these levels.

    Investors/ Traders have lost the interest in IT stocks but that is where the opportunity begins.

    Stocks would be already up by 40 % when media houses start speaking about them.

    Will IT stocks join the rally ? I feel all sectors do join the rally rotational basis.
     

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