At crucial support if it is broken lets see levels of 9900 which also happens to be 38.2% Fibonacci retracement level. if it is broken lets meet at 9300-9200 . any negative clues from the November election then it will be headed to major support of 8800-8500 level. Any bounve from the current level will take it to 10200 - 10400 levels . technical parameters show...
Stock is very near to its 52 week low and also trading in the accumulation zone. if the stock breaks its 52 week low of 302 and the lower band of accumulation zone then it can test the next zone at 220 . above 340 the stock can see levels of 405 and from there 495-545. stockdada.com
(-)ve diversion on RSI chart indicates some more selling will follow . Expect it to settle it by 169-165 before some fresh move . This small correction will also complete the 50% retracement of the current move which it had 89 to 219 levels.
Bearish Movement on the charts . If 3260 is taken out see the accumulation zone getting activated till levels of INR 2950 -2850. The Fibonacci retracement level of INR 2850 can provide a bounce and this opportunity can be used to go long .