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Nifty IT Prediction for Monday, 27 July 2026: Breakout Levels After Friday's Sector-Leading Rally

Nifty IT prediction for Monday 27 July: index 28,767.95 (+0.82%), top sector. Trigger 28,812. Targets 29,200 and 29,500. Support 28,530. TCS +0.51%.


24 Jul 20264:19 pm

Nifty IT Prediction for Monday, 27 July 2026: Breakout Levels After Friday's Sector-Leading Rally

The Nifty IT prediction for Monday, 27 July 2026, is the most upbeat sector call of the week: the index rallied 0.82% on Friday to close at 28,767.95, the best performance among major NSE sectors, on a day the broader market fell for a fifth straight session. The rally came right after Infosys reported its Q1 FY27 results on Thursday evening, and the sector's ability to absorb those numbers and still lead the tape says demand for IT exposure is returning.

Kunal Singla, Associate Director at Univest, anchors this Nifty IT prediction for Monday, with Ankit Jaiswal, Senior Research Analyst, mapping the breakout structure. Their trigger: a close above 28,812, Friday's high, opens the door to 29,200.

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Friday Data Behind the Nifty IT Prediction for Monday

Index / Stock Close Day Change
Nifty IT 28,767.95 +0.82%
TCS Rs 2,254.30 +0.51%
Infosys Rs 1,040.90 -0.62%
Nifty 50 23,767.45 -0.43%
Sensex 76,059.77 -0.43%

Note the internal story: Infosys opened weak near Rs 1,014 after its results, then recovered almost the entire gap to close just 0.62% lower, while TCS gained 0.51% and the index outperformed everything. Dip absorption of that quality strengthens the Nifty IT prediction for Monday.

Nifty IT Prediction for Monday: Key Levels

  • Immediate resistance: 28,812, Friday's high; a close above targets 29,200.
  • Next resistance: 29,500, the zone from earlier in July.
  • Immediate support: 28,530, the previous close now acting as the base.
  • Major support: 28,141, Friday's low; the bullish structure survives any dip that holds above it.

Kunal Singla observes that two tailwinds are compounding for IT: the rupee near 96.66 per dollar directly lifts export margins, and the post-results relief in Infosys removes the quarter's biggest event risk. Ankit Jaiswal adds that the July F&O expiry on Tuesday brings heavy rollover interest in TCS and Infosys futures, with TCS August open interest already up over 54% on Friday.

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Drivers Behind the Nifty IT Prediction for Monday

  • Earnings clarity: With Infosys and TCS results out, the sector's two largest uncertainty events for the quarter are behind it.
  • Currency tailwind: Roughly 6% rupee depreciation in 2026 flows almost directly into IT operating margins.
  • Defensive growth appeal: Dollar-earning IT is a natural hedge in a market rattled by crude oil and West Asia headlines.
  • Rollover momentum: Rising August futures open interest in the top IT names signals positions being carried forward with conviction, not closed.

How to Position on the Nifty IT Prediction for Monday

Momentum entries work above 28,812 with stops under 28,530, while investors can stagger into leaders on any early dip. For portfolio balance, note that Bank Nifty also closed higher at 56,693.50, with HDFC Bank and ICICI Bank steady; IT plus private banks is the classic pairing when a correction matures. Reliance Industries, up 0.46%, completes the heavyweight recovery picture.

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Conclusion

The Nifty IT prediction for Monday, 27 July 2026, is bullish above 28,530 with a breakout trigger at 28,812 and targets of 29,200 and 29,500. Kunal Singla and Ankit Jaiswal flag the sector as the market's leadership candidate for the new week, backed by currency tailwinds, post-earnings clarity and strong rollover interest. This is educational content; consult a SEBI-registered advisor before trading.

Disclaimer

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs

What is the Nifty IT prediction for Monday, 27 July 2026?

Ans. The Nifty IT prediction for Monday is bullish. The index closed at 28,767.95 on Friday, up 0.82% as the top-performing sector, with a breakout trigger at 28,812 and targets of 29,200 and 29,500.

Why did Nifty IT rise while the market fell before Monday?

Ans. IT gained on post-results relief after Infosys reported Q1 FY27 numbers on Thursday, plus the margin tailwind from a rupee near 96.66 per dollar, which lifts dollar-earning exporters.

What are the key Nifty IT levels for Monday's session?

Ans. Resistance sits at 28,812 and then 29,200 to 29,500, with support at 28,530 and 28,141 as per the Nifty IT prediction for Monday from Univest analysts.

How did Infosys and TCS trade after the Q1 results?

Ans. Infosys opened near Rs 1,014 and recovered to close at Rs 1,040.90, down just 0.62%, while TCS rose 0.51% to Rs 2,254.30. The dip absorption in Infosys was a key strength signal.

Which analysts prepared this Nifty IT prediction for Monday?

Ans. Kunal Singla, Associate Director at Univest, anchors the Nifty IT prediction for Monday, 27 July 2026, with breakout structure mapped by Ankit Jaiswal, Senior Research Analyst.

What does the futures rollover data say about IT stocks for Monday?

Ans. August futures open interest jumped over 54% in TCS and over 65% in Infosys on Friday, showing traders are carrying positions into the new series with conviction ahead of Tuesday's July expiry.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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