Looks to me as its creating a Flag Pattern on downside and break of the channel will lead to sharp downside.
One can short this on close below 75 for below targets:-
Target 1- 70
Target 2- 63
sl- 78
One can short this on close below 75 for below targets:-
Target 1- 70
Target 2- 63
sl- 78
Trade active:
still in the channel....
Trade active:
STILL in the channel
