It's a recently listed stock and forming some sort of support near (300). It has accumulated a lot. For long position entry, enter after triangle pattern breakout, and for shorts position, enter after it breaches All Time Low (ATL).
Long - After the triangle breakout
Short - After it breaches ATL (All Time Low)
This analysis is done only for...
Nifty - Technical Analysis:
-Nifty ended 88 points, or 0.76 percent, down at 11,516.10.
-Technology is the only saving grace and the only sector in green but that too has come off. Key victims today are metals and auto.
-Divergence in RSI was observed as NIFTY was unable to cross the resistance zone. We can see selling pressure below 11470
Market - Driving...