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CNX IT.. bearish..
Nifty IT Index
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CNX IT.. bearish..
By mklives
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Jan 4, 2019
1
Jan 4, 2019
CNX IT has closed below 200 dma and for the 4th time testing 200 dma
failed to cross 100 dma
also a clear bearish divergence has been unfolding.
rupee below 70. weak forecast from US tech companies
all favoring against the IT index.
NOTE: this is my personal view only..
Chart Patterns
Trend Analysis
mklives
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