UNDERDOG-29

WXY CORRECTION IN CNX IT:TIME TO EXIT LONGS

Short
NSE:CNXIT   NIFTY IT
CNX IT IS DISPLAYING DOUBLE CORRECTION WXY TYPE OF PATTERN OF WHICH WAVE W AND WAVE X HAS ALREADY BEEN FORMED.WAVE Y SUB WAVE A CAN TAKE PRICES TO 23850-23650 ZONE AFTER WHICH A BOUNCE CAN COME EVENTUALLY FOLLOWED BY WAVE C DECLINE TO WAVE A LOW'S OR TILL 21950-21800 ZONE.

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WRONG LABELLING OF WAVE W AND WAVE X.TGT OF 23200-23080 INTACT
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