Dear All,
So finally, yesterday we had seen a break down of 17800 level, a significant gap down opening and that the index was continuously under pressure throughout the day.
Well, as we told you that an either side breakout or breakdown was very necessary for the trend identification, so below 17800, can once again take the market towards the level of 17320...
CRISIL | Channel support / Swing again, looks good for 16%
RSI divergence in smaller time frames - attached in comment section
CMP : 1898
SL : 1850
Target : 2200
Almost 1:7+ risk reward setup
(P.S : This stock has poor volume, hence be cautious about slippage and violant moves)
