#The stock has shown rejection from the trendline resistance as per daily time frame marked in red. #If the stock manages to close below 1058, the next expected target can be 1030 which will also act as a crucial support.
#Breakdown from 1030 with closing according to 4 hour candle may drag the price towards next support levels as marked on the chart in the green line.
#expected downward targets after breakdown: Target 2=1000 Target 3= 980 Target 4= 960 or (trendline support marked on the chart).
Note: All the targets may act as a support, so keep trailing your SL as per your risk appetite.
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