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VERIFIEDET Markets·positive

Has the worst ended for IT stocks? Geojit’s Anand James sees a bullish turn emerging

AI Summary
  • ·Technical indicators and derivatives data suggest a shift in risk-reward for IT stocks, indicating potential bullishness.
  • ·The Nifty IT index has formed multiple weekly reversal candles near its support zones.
  • ·Kalyan Jewellers reached a new 52-week high, while Trent's performance failed to meet investor expectations.
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