CNX IT (IT Index) is currently in extreme oversold territory, with the 4-hour RSI at just 12, making it the most oversold IT index in the market. Such deep oversold levels typically indicate a strong possibility of a short-term bounce, and we expect a 2-5% upside move within the next 2 days. This could present a buying opportunity for traders looking to capitalize on the rebound. Stocks To Watch : TCS @ 3485 , Infosys @ 1693