Monday 5 January 2015

CNX IT near term outlook - near crucial levels


CNX IT



Daily Chart

  • Gap filled with key trendline resistance on daily charts
  • Resistance zone near 11500 - 11600



Weekly Chart 

  • Bearish H & S in forming on weekly charts


TCS


Weekly Chart
  • Bearish H & S on weekly charts in forming


HCL TECH


Weekly Chart

  • Bearish triangle informing on weekly charts with cross over point as strong resistance


INFOSYS


Weekly Chart
  • Infosys near resistance zone

Raju V Angadi

Equity Research Analyst


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Disclaimer: This is just an view based on the research of individual for educational purpose. So kindly trade along with the consultation of your financial adviser, market trends, price action and own risk appetite considered while INVESTING or trading in markets

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