Information technology stocks across the board have rebounded after the losses in the recent sessions. Stocks such as Infosys, HCL Technologies, Mphasis, and L&T Technology Services have risen 3-5% last week.
Tech View: Nifty charts throw up dark clouds. What traders should do next week
Nifty’s short-term trend seems to have reversed down after a reasonable rise from the lows. Immediate support is placed at 22,300 and the weakness below