CNX PHARMA INDEX
CNX Pharma index has formed double top pattern in daily chart and it has now closed below its previous bottom.
Technical indicates as long as index holds below 11934 bears will be favored as its previous support now acting as a major resistance.
Intraday CNX Pharma looks weak below 11600, if it holds below then will find support around 11400, 11300.
Visit link to see more nifty index charts as per technical analysis.
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