NSE:CNXIT   Nifty IT Index
#NIFTYIT broke the triangle, however the up-thrust is so far failed one. Subsequent fall prints an evening star pattern. The momentum is not suggestive of strong up-move while the DX line is neutral at best. Move past 22000 is needed for bulls to re-capture. A break below 21000 bring bears into reckoning. Trade from short with stop 22115 (not able to suggest a lower one) for 21000 break.

TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
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