NIFTY IT INDEX VIEW. Greetings friends ! I thank you once again for being a regular reader of my views and showing great interest on my article. This encourages me to keep writing the articles for you reference. Today in this article, I am going to share some important views on Nifty IT Index (daily) chart on the basis of Technical Analysis. 1.Nifty IT Daily Chart. As we have seen a unidirectional rally since 2009 to 2015 where Nifty IT Index went up from 2029 till 12832.30 level by 5th March 2015, almost Index went up 6 times & henceforth it encountered a ⬇Down trend by forming lower top's & lower bottom's. But in the month of July i.e. on 21st July 2017 it had formed a Bullish Price Pattern called Triangular Breakout which can be seen in the following chart-1 where it's resistance was showing at 15000-15500 with a Support Level of 9500. (Chart-1) As we can see in Chart-2 the Level which was mentioned as per above Price Pattern has been achived in th...