When it crossed 10590's & channel top & started behaving very weird with all choppy moves right at previous 10900-10925- I raised an alarm saying all is not good with such moves & we should be careful- Polarity Reversal - all in my update @22:30 Hrs -4th March2017 - Has the Up -Up & Away started
Channel from Magical numbers 9295 - 9592
Confusion as Infosys was also doing the same in the middle of the March 2017 - how I predicted that Infosys going for a big fall from 1040-1045 (Read All Infosys Connecting pieces in my profile page) - which was evident with low registered on 13th April2017 below 930.
The channel bottom should support along with critical level if CNX IT has to be else it can be a bigger problem for the IT index.
Made a low on channel bottom@9901 & took U-Turn
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ