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SELL at 260
since it is at critical Fibonacci level i.e 61% level
will go down till 38% fib level
Chola Fin has formed a bear piercing candle at the resistance. If today it breaches the last green candle's low and sustains, more fall may happen
Everything mentioned in chart
Note: This is for educational purpose only.
There seems to be a bearish RSI divergence where price makes higher highs but RSI is contradicting. Moreover, there is a shooting star on hourly chart.
Price already rejected this level main times and it will do it again probably. And Stoch is also over 80. So strong SELL signal