a strong retracement ahead !!! At the price Rs.240 has following confirmation for strong retracement zone... 1. It act as Strong support ( in 1day time frame). 2.It acting as trend line. 3. finally 61.8% level of Fibonacci. If the price reaches this level (rs.240), wait for confirmation candle .then enter into it, before that do your own analyze.
NOTE: This is only for educational purpose , Do your own analyze before you enter.