January 8, 2011

CNX IT - Bearish Engulfing candlestick pattern

WEEKLY CHART
DAILY CHART
  • CNX-IT weekly chart has given a bearish engulfing pattern.
  • MACD Indicator in daily chart has given a bearish cross.
  • Price has stopped at the 20 dma line of the Bollinger band. Price breaking and closing below it will be negative.
  • BULL FLAG OF CNX-IT

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