Once it takes support we will search for buying opportunity. In upside move 10590 & 10550 are the levels where bears have troubled or was a strong , so we will look for a move above 10600 in coming days as confirmation that CNX IT wants to head upside.
Previous Update- W = Y = Z equation solved
A negative running candle for the day from 10250 to 10175.
2nd negative candlestick
Kissed the target zone 9765-9800 -here there is support we will wait for the market to show us the way next & should not hurry.
After falling below rising trendline & kissing the target zone- some hope as it started rising back.
2nd Green Candle done for the day.
Abhishek H. Singh, CMT
Growth Director - TradingView India
YouTube Channel https://www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw