Sir its not a Intraday Idea. Apologies if my posting gave you that idea. So wait for closing basis & for few days.
Vandy01
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@yogeshkmr441, Hello sir, when someone observes something on the charts or indicators he means that there is a high possibility of an event happening at that point... there is also a possibility of market proving someone wrong and hence there is a safeguard of using a stop loss. Posting an idea by someone is not a surity that the person knows the mind of the market 100%. The author simply indicated that prices were not able to break the trendline hence there is more possibility of its going down.