CNX IT Chart Technical analysis

CNX - IT DAILY CHART

• CNX - IT Chart is showing sideways consolidation after its big Up trend that started around 2000 area.
• One closer look at the chart shows a possible shorting opportunity. The index is trading near its supply zone of 6200 on closing basis. 
• One can go short at around 6200 area with a stop loss of 6235 on closing basis.
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