But even keeping aside since its forecasting in nature and not that Accurate since Counts keep changing and there are always Alternate Count views.
So even going by Traditional Price Action which is a LOT MORE Reliable than theory.
SBI Cards showing Clear Signs of Distribution post the Gap Down. Top forming , also more than and more Wide Range Red Candles as compared to Green Candles. What else is Needed?
- Price is heading to find Support at 725 MINIMUM as a Target 1!
- It can Even go more Down as I've mentioned the Levels.
If you have Longs I suggest Exit. Since its not in FnO you can't Short so I'd suggest play this View Intraday in Cash MIS Selling