Seems so. Everything on the chart. However this is my take- not a trading recommendation. Do your own analysis before jumping into action.
Comment:
Triggered.HOLD POSITION.
Comment:
as mkt is showing resilience with RIL again coming to life( see my idea on RIL),HOLDING SHORT POSITION WILL NOT BE PRUDENT. So squared off.WILL RE ENTER AFTER BOUNCE.(This scip is falling from 560+ level.Highly oversold.may witness dead cat bounce)
Comment:
made some minor profit.one must be flexible in trading.