stock in downtrend after bonus.Wait for MACD histogram and MACD line crossover. Stock at major trend line support. Wait for retracement close , consolidation above 50EMA before going long. If stock start closing below trend line then no action.
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Can be short candidate as stock can reach 600 level soon.
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14 nov-bears unable to pull down stock further . Stock over 50 EMA and MACD line over signal. Add thro SIP.
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5 ema crossed over 9 EMA . Once 9 ema over 21 EMA then add further . TGT 770 and 820
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