The bulls loosing its ground to bears,1600 to 1610 zone is very important if any green candle with huge volume formed can make new high else it may go down.
Trade closed: target reached:
1) This stock is taking support at 1523 if the support broken then it is possible that it can be on the distribution label at 1503.
2) The last day bullish candle because of short covering.
3) MACD still on the red side so there is no long opportunity
2) The last day bullish candle because of short covering.
3) MACD still on the red side so there is no long opportunity