My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 26, 2015
CNX IT Weekly chart analysis
CNX IT continues to fall. with weakness in stocks like Infosys this trend is likely to continue. For now though price is approaching crucial up trend line and 50 Week SMA. If These levels are not held price may test the weekly cloud and 50% retrace level.