The path of least resistance, however, is still the downside and the breakdown would gain credence once the price falls below Rs . 962, creating room for a sell-off to Rs . 930.
Also, I would be a seller if the price faces rejection or fades spike above the high of Rs . 983.50 today. That said, the outlook would be neutralized if the price finds acceptance above $983.85 (Friday's high) on the back of strong volumes.