Made a high at 10590 & Sell Setup was generated below the rising as discussed below
Got the magical support 9592 - ( from lowest point 9295-Initial 2 figures 92 was pushed next & 95 was brought in front)- Isn't that amazing- CNX IT starts the Up-Up & Away Journey.
Finally, it was doing choppy & suspicious move in the zone 10790-10800's -it made a high of 10925 & dropped after 6 weeks it has landed on the top channel
Holding Top channel as support - we shall look for a bounce or 9592 - which will be critical support.
Channel Support Broken- falls sharply down.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ