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
- Bank nifty has broken an important trend line in its weekly chart.
- With yesterdays lower close price has confirmed yet another bearish engulfing pattern in weekly chart.
- Next support is seen near 10730 levels.
- Problem for bank nifty is that if 10730 level breaks on closing basis there is not support seen in weekly chart till 9870 levels.
- FALLING WEDGE OF CRUDE OIL
