August 11, 2011

CNX IT Near Support Level

  • CNX IT Weekly chart is near it support level.
  • Price has not shown any strong reversal signal yet.
  • Support area is between 5400 - 5500 We have an important Fib level support too in this area.
  • If this level breaks on weekly closing basis then it will be negative for IT stocks like Infosys and TCS.
  • GOLD TRIANGLE UPDATE
  • BANK NIFTY CHART

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