NSE:CNXFINANCE Index is below the 26000 - 26200 resistance zone which will act as resistance in the near terms and downside risk is expected as long as index is below this resistance zone. The upward movement may lead the Index to 26200 - 26250 resistance range and if the index crosses and sustains above this level then may reach near 26500 - 26550 range. On the contrary, The downward moment may drag the to 25700 – 25650 support range and if this support too is broken then index may tank near 25400 – 25350 range.
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