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CNXIT (Nifty IT) index on a 1-hour interval
Support Levels: These are price levels where the index historically tends to find buying interest. Look for recent lows or previous points where the price has bounced back up.
Resistance Levels: These are price levels where the index has historically struggled to rise above. Look for recent highs or points where the price has reversed downwards.
Support Levels:
42,800
42,500
Resistance Levels:
43,200
43,500