Once the target of ~ Rs 340 in this November month reaches, expect a downside trend with a sideway range trade(Rs 250 to Rs 315)and further if the momentum continues, maximum fall around Rs 212.
Upcoming trend reversal gets confirmed by confluence of MacD+RSI+Stochastic oscillators.
On chart look at sellers queue at Red Trend Lines and buyers queue at Green Trend Lines. The middle White trend line(Rs 280) is going to the pivot point.
Happy Investing!
Upcoming trend reversal gets confirmed by confluence of MacD+RSI+Stochastic oscillators.
On chart look at sellers queue at Red Trend Lines and buyers queue at Green Trend Lines. The middle White trend line(Rs 280) is going to the pivot point.
Happy Investing!