though weekly charts are in an uptrend, prices took resistance from weekly VAH of massive fall in the stock
on daily charts it has formed Head & Shoulders pattern
RS has became negative
RSI below 40
can be shorted at 2874.65 with SL above 3000 on closing basis
Volumes are also strong on breakdown
on daily charts it has formed Head & Shoulders pattern
RS has became negative
RSI below 40
can be shorted at 2874.65 with SL above 3000 on closing basis
Volumes are also strong on breakdown