The chart is showing frequency at the down sloping PF
. The prices broke the UML and came back again start trading below it. It may have shaken the weak traders today and may fall till ML. It offers a good opportunity to trade it with small SL with risk and reward ratio of above 4.
Entry current Price 250
SL 254 closing
Risk/Reward Ratio 4.3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.