Previous Update - How far it can go in 2017
Yet again 355-356 zone, which was identifed as crucial zone - It failed kissing that zone & selling pressure was visible in the counter.
Short Term Chart
317-320 looks good & once it starts moving above gap zone of 324-326- likely push gets extended to 335-340 where I will have to check again whether selling can be taken in the bounce zone.
Wow! - What a support in 317-320 -Awesome
Falls from 335 as expected
Up & Down - 10 Points bounce to 335 & fall 10 points to 325 - Done & Out.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ