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CNX Finance: A simple wyckoff analysis , would have given clue :

Nifty Financial Services Index (NSE:CNXFINANCE)  
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NSE:CNXFINANCE   Nifty Financial Services Index
Trend Analysis wyckoffmethod wyckoffdistribution
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trendanalysis wyckoffmethod wyckoffdistribution
CNX Finance : A simple wyckoff analysis , would have given some clue on the mayhem.

Just follow the simple trend line .... @ 11862, the uptrend stopped falling short of supporting the over bought line..

Now it is at the support . can can expect a bounce.... but should detract and continue the downtrend....
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