A potential crash landing candidate below 198. Amid weak global cues, if market opens gap down, it can give a high risk reward trade with SL above 202-207 basis opening price with a target of 180 on positional basis. RSI is indicating weakness and it was falling on a strong market. When weakness evolves in banking and financial shares, it will lead the way on downside.
Comment
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A potential crash landing candidate below 198. Amid weak global cues, if market opens gap down, it can give a high risk reward trade with SL above 202-207 basis opening price with a target of 180 on positional basis. RSI is indicating weakness and it was falling on a strong market. When weakness evolves in banking and financial shares, it will lead the way on downside.
Comment
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Made low of 184.5. However due to FnO ban couldn't take positions in this.