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Wednesday, April 20, 2011

IT RESURRECTED

After Infosys' lower than expected results and stepping down of Mohandas Pai , Wipro good results brought investors faith back to IT stocks. Negative sentiments among IT  stocks led the index to the current fall. Wipro came to rescue and with buying spree in IT, we can expect a small rally in index.



See the striking similartiy in trend in these IT stocks. A clean reversal, from black to white. Lets see why this happened.


I strongly recommend IT  stocks for tommrow. Specialy TCS and Wipro. For a longer term Infosys can be a value buying.

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