The scrip has faced resistance at
- 66% retracement level of the earlier 5 wave down leg; and
- falling trend line from the highs
RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure.
We would be keenly watching this scrip for next leg down.
Let's see how this develops.
- 66% retracement level of the earlier 5 wave down leg; and
- falling trend line from the highs
RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure.
We would be keenly watching this scrip for next leg down.
Let's see how this develops.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.