I am looking this stock as bearish Continuation , to understand more insightful i have place two different trend line with different color Both the trend line assessment confirms it is likely to head 585/577 i am looking for possible reversal on that range , till then i am bearish on this stock Lets see how it unfolds in coming days Regards
Bearish , but at 641 there lies a support, in 5,10,20 day sma
shiv2798
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@Sarsans, Sir i agree with your views , SMA are tools only to inform you about the relation ship between current price action to past price action , it does not necessary the price will reverse at the said level , I would like to see the reversal candle in case the price stops with volume and then starts moving up
Thanks for your views
Regards
nalinakshi
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it may test 624 and it may retrace back
shiv2798
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@nalinakshi, May be Madam , May be but not for too long , it will fall back to level which i am expecting , but lets see how it unfolds
Regards