September 24, 2012

CNX IT Chart analysis

  • CNX IT Had a bearish week. Price took support near 20 Day SMA and for the weekly chart it was 100 Week SMA.
  • Daily chart with up trend line shows support near 6243 - 6300 level.
  • Daily MACD and overbought Weekly stochastic may favor bears if the moving averages mentioned above gets broken.

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