CNX Infra tested its 50% retracement of its previous rally.

•  CNX Infra had tested 50% retracement of its previous rally from 1830 - 2595.

• The index has been trying to make a base at its 50%  retracement at 2212.
• If it holds the support, a bounce can come uptill 2279, 6303.
• Further support is at 2182, 2120, 2074, 2047.
• 200 day S.M.A stands at 2294.
• Indicators are in oversold territory.

Weightage of Stocks in CNX Infra Index 
as on 3-02-2014