ON HOURLY CHART , MINOR HEAD AND SHOULDER IS FORMED ( AS ONE SHOULDER IS NOT VERY SHARP) , WITH HEAD ON THE RETRACEMENT OF 0.618
WHICH ACT AS SUPPORT ON DOWNSIDE .
WE CAN COMFORTABLY SHORT 150 PE AT CMP 0.30
WHICH CAN LEAD TO PROFIT OF APPROX 5 PERCENT IN 10 DAYS
The overall sentiments of ubl is bearish, because of volume and profit margin decrease due to highway sale ban of liquor
the oi interpretation shows that longs are in the system, there unwinding start taking place .
i will suggest to short the short