if the price approaches the support and breaks out with a low momentum then it can go down by the given price range(appx.)..previous price action is in a range but mostly inclined to downwards and also the price is below 20 50 and 200 EMA . It is a stock for short selling .If u carefully see the price has formed an inverse cup and handle pattern and previous...
1.multiple price rejections at higher levels
2.if the market is bearish tomorrow target of 1.5% can be acheived
3. if it breaks the blue horizontal line and trendline both
4. no support till 1.5%
Totally educational, relatively new into the field, Dont trade based on this without your own research
Suggestions are highly appreciated . Thank you!
