[MMB W] prediction almost success over 90 percentage see given passimist view despite many long call so it is not perform in bul...

The IT sector's performance is crucial for Nifty's overall direction. FII selling in IT can create headwinds for the broader market.

Consider short-term bearish bets or hedging strategies for IT stocks, especially if FII outflows persist.

For Indian markets, this story mainly matters for WIPRO, TCS, INFY and the Information Technology pocket. The current signal is bearish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: The article is published on an MMB Wipro forum and discusses the underperformance of the IT sector, which includes Wipro. As a major IT player, TCS would be impacted by the general underperformance of the IT sector mentioned. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Prediction of almost 90% success despite a pessimistic view.
• •States that the IT sector is not performing in a bullish market.
• •Blames FII selling and Indian government policy for economic issues.
• •Risk flag: Any positive news on FII inflows could reverse sentiment.
• •Risk flag: Strong quarterly results from IT majors could provide support.