Nifty IT is quietly sending a signal… but are you noticing it?
While the broader market has been volatile, something interesting is happening here ��
• 1-month momentum has turned strong (above 60)
• But 3-month and 6-month momentum are still weak
What does this mean?
In simple terms —
Short-term strength is building, but the bigger trend hasn’t confirmed yet.
This is usually the phase where:
�� Early buyers start entering
�� But conviction is still missing
Now this creates a very important setup:
If this short-term strength sustains,
we could see a trend reversal in the coming weeks
But if it fails…
this could just be a temporary bounce in a weak trend
So the real question is —
Is IT sector preparing for a comeback or just giving a false hope?
Keep this on your radar-
https://sedg.in/7kudrhge
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