Following observations suggests to reduce any positions in AIAENG:-
--> Violated the lower end of the rising channel
--> Red ichimoku clouds have started forming for the first time(need to study about ichimoku clouds more)
--> Violated the Bollinger bands
--> RSI is showing loosing momentum
Retracement levels suggests a retest of Rs. 1190.
--> Violated the lower end of the rising channel
--> Red ichimoku clouds have started forming for the first time(need to study about ichimoku clouds more)
--> Violated the Bollinger bands
--> RSI is showing loosing momentum
Retracement levels suggests a retest of Rs. 1190.