CNXMNC on the short side

CNXMNC index broke the triangle (height of 1775 points) on the downside opening its drop towards 10600 which is also the resistance-turned-support levels broken in early part of year 2017.

Expect major contribution from Consumer Goods stocks which constitute 40% of CNXMNC index weight.
Chart PatternsSupport and ResistanceTrend Analysis

Penafian