Breakout can happen for short trade as well as Long depending on level break on basis of RSI Divergence Trading opportunity. I will update accordingly on the daily charting pattern.
Note
Today Price has broken the Price Trend Line in RSI Divergence set up. However, to confirm strong selling, RSI trend line must be broken. Wait for the same.
Note
Please note Airtel is due for a move down with first support @ 672.15. I will update accordingly. Resistance has been formed at 738.
Note
Wait till the 670 level as I feel the Trend is highly downward. or Wait for an RSI Positive divergence.
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