IT stocks in an uptrend
Information Technology names above their 200-day average with RSI over 55.
Sector rotation is half of Indian market behaviour, and this is how a rotation scan gets written: membership first, then the technical condition. IT stocks trade as a block, on the same currency, the same client geographies and the same rate cycle, so when the sector turns the strong names turn first. One caveat. Sector membership is today's classification applied retroactively, so historical replays lean on the current list.
More fundamentals:Promoters buyingPromoters sellingHigh promoter holding in an uptrendInstitutions on both sidesTight public float
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