Once Rising trendline gets broken decisively - likely it heads next swing low for support which comes in the zone 9765-9800 zone.
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 supply zone, 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
交易進行
14:11 Hrs 19th Jan2017
Last Price@10185
A negative running candle for the day from 10250 to 10175.
交易進行
13:20 Hrs 20th Jan2017
Day's Low@10142
2nd negative candlestick
交易結束:目標達成
12:15 Hrs 31st Jan2017
Last Price@9758
Day's Low@9734
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.
交易進行
18:00 Hrs 2nd Feb2017
Last Price@9926
After falling below rising trendline & kissing the target zone- some hope as it started rising back.