CNX IT free technical analysis chart and stock tips updated for 10th February 2016, Wednesday.

CNX IT INDEX CHART

CNX IT has formed head and shoulder pattern in daily chart, technical indicates its has now closed below its previous bottom.

As long as IT index holds below its recent low @ 10590 bears will be favoured and further fall can be seen in coming days.

Intraday levels for CNX IT updated for 10th February 2016, Wednesday.

Intraday CNX IT looks weak below 10590.

Will find support around 10450, 10350.

S.L 10700.

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CNX IT Index free index trading tips and forecast - updated for 30th December 2015, Wednesday

CNX IT INDEX CHART

IT index is forming triangle pattern in daily chart technical indicates as long as it holds in between trend will be mix with no clear direction.

On upper side it will be finding strong trend line resistance around 11303, further bulls action can be seen once it closes and holds above its triangle pattern as shown in above image.

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CNX IT Index technical analysis chart updated on 07th May 2015, Thursday.

CNX IT INDEX CHART

CNX IT Index is currently witnessing selling pressure from 23.6% fibonacci retracement technical indicates as long as index holds below its resistance zone bears will be favored and further price fall can be seen in coming days.

Even index major trend indicator "MACD" indicates that index is trading below level zero and so far moving in negative zone this will favor bears. Index has also shown long bearish candle this shows bears are currently active.

On down side close watch index will find strong support at its previous bottom as shown in above graph, technical indicates if index takes support at its previous bottom then we can see some bounce back but if index failed to holds above its trend line and closes below then further round of bears can be seen in CNX IT Index.

As per today trading point of view index is up by 1.76% up by 192.90 pts trading at 11131.65 at 10:38 am. Stock which are contributing in cnx it are TCS, Infosys, HCL Technologies and Wipro Ltd.

CNX IT INDEX TECHNICAL CHART - Chart Updated On 02nd April 2015, Thursday.

CNX IT INDEX CHART

IT INDEX finding strong fibonacci retracement and fibonacci fan support at current levels, Index can see some bounce back as long it holds above, weakness can be seen once Index closes and holds below it support zone. Close Watch.

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CNX IT INDEX Trading tips , Index finding strong support at current levels, technical indicates as long as it holds above it support zone bulls will be favored and bullish move can be seen in coming days - 250315.

CNX IT INDEX

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CNX IT INDEX Trading Tips, Technical Analysis Chart -CNX IT INDEX facing strong trend line resistance around 10425, If closes above then bulls to take IT Index further up. (Updated for 30th July 2014, Wednesday).

CNX IT INDEX

• CNX IT INDEX in a strong up channel formation as shown above in chart no.1, this indicates as long as stock moving in a up channel it will favor bulls.
• Daily chart also indicates Index is now facing strong trend line resistance around 10425, If index closes above 10425 and stays above then bulls to take IT Index further up.
• If Index closes above 10425 and stays above then will find next strong 261.8% fibonacci retracement resistance around 11050. Close Watch.
• Click here to see all the reports (tips) published by us on CNX IT INDEX (as per technical analysis point of view).