Range is contracting near the previous bottom. Price entered within the range twice but couldn't sustain and the bounced with minor volume
has fallen gradually in last 8-12 sessions. RSI
has bounced from the oversold position. Buy with SL below 123.80 for target of 172-180
I am overall bearish
on this counter but this short-term bounce can't be rusled out.
Disc : it's not an investment advice to buy or sell