| Nifty Information Technology Shares | 14Aug20 Chart Strength | 18Apr19 Chart Strength | 5Oct18 Chart Strength | 24May18 Chart Strength | 7Jun17 Chart Strength | 23.10.15 Chart Strength |
| HCL Technologies | 5 | 4* | 2 | 18 | 3 | 15 |
| Info Edge (I | 9 | 2* | 9 | 15 | 1 strong | 12 |
| Infosys | 4 | 8* | 1 strong | 3 | 15 | 4 |
| Larsen & Toubro Infotech | 6 | |||||
| MindTree | 2 | 7 | 6 | 8 | 12 | 8 |
| Mphasis | 1 strongest | 11 | 7 | 7 | 2 | 6 |
| NIIT Techno | 3 | 5* | 8 | 11 | 7 | 3 |
| TCS | 8 | 1* strong | 4 | 4 | 6 | 10 |
| Tech Mahindra | 10 | 6* | 5 | 1 strongest | 16 | 16 |
| Wipro | 7 | 3* | 3 | 20 | 8 | 11 |
| Above 200-dma | 100% | 70% | 80% | 80% | 60% | 9.5 |
Note: *50/200-dma bullish crosssover in progress
All the above stocks form the NSE, Nifty IT Index. Information Technology Sector Index includes stocks from Software, Hardware, Computer Education and other related industries.
| BSE NSE Information Technology Shares | 14Aug20 Chart Strength | 18Apr19 Chart Strength | 5Oct18 Chart Strength | 24May18 Chart Strength | 7Jun17 Chart Strength | 23.10.15 Chart Strength |
| Cyient | 19 | 11 | 13 | 10 | 1 strong | |
| eClerx Serv | 10 | 18 | 19 | 17 | 2 | |
| Firstsource Solutions | 12 | 14 | 6 | 20 | 17 | |
| Hexaware Technolog | 15 | 10 | 12 | 5 | 14 | |
| Infibeam Incorporation | 17 | 19 | 14 | |||
| Just Dial | 9* | 17 | 17 | 14 | 19 | |
| KPIT Technologi | 20 | 15 | 2 | 19 | 18 | |
| OFSS | 14 | 13 | 16 | 9 | 7 | |
| Persistent Sy | 13 | 16 | 9 | 13 | 13 | |
| Polaris Consult | - | 5 | 4 | 9 | ||
| Rolta India | 18 | 20 | 21 | 18 | ||
| Tata Elxsi | 16 | 12 | 10 | 11 | 5 |
- Stocks trading above 200 day moving average
Shares are shown in blue colour - Stocks trading below but close to 200 day moving average
Shares are shown in orange colour - Stocks trading much below 200 day moving average
Shares are shown in red colour
Technical Trend of Information Technology Sector
Nifty Information Technology Sector Index is trading above 200 day moving average.
All the 10 Nifty IT Index stocks are trading above 200-dma.
That means 100% of IT Sectors stocks are trading above 200-dma.
Nifty Information Technology is one of the best performing Sectors at present.
The index is trading above 50-dma with bullish crossover.
Information Technology is a defensive sector supported by weakening of rupee.
Outperformers: Mphasis, MindTree, NIIT Technologies, Infosys.
Underperformer: Tech Mahindra.
Related topics
Information Technology
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