Time to buy IT stocks. Consolidation seems over

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.


Indian IT sector will live long.

I have INFINITE COMPUTER and DATAMATICS in the IT segment.

CNXIT 10901

 

( 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

 

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

 

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.

 

presently looking at fundamentals and past record and orders tcs, tech mahindra & persistent are good bets