Started its fall from the zone 212-220 from the highs of 215
Going below Monthly red rising trendline can make the case more stronger for downside.
Holding on 205-206 - looks partial profit to be booked & re-enter on bounce to sell again later or below 205.
Selling Below - 202
Buying Above 207.55 for 210-211
If Bounces from 204 or just below 204 & crosses 207.55 then it can extend to 210-211 Zone
Bullish Cypher in place close to 203-204.50 Zone
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ