NEGATIVE CANDLE FORMED AT RESISTANCE SO WE CAN SEE DOWNSIDE BELOW 250 SL 258 AND STRONG VOLUME COULD DRAG IT TO 238, 233.
UBL BREAKDOWN BELOW 1350 LEADS TO 1315, 1290 SL MAKES APPEARANCE AT 1400
ANY DOWNSIDE CLOSING BELOW 2600 STOCK LIKELY TO HIT 2520, 2480 SL SHOULD BE 2660
RISK REWARD RATIO IS FAVORABLE ON BOTH SIDES.. WHEREVER IT GIVES BREAKOUT..
CURRENTLY AT GOOD STAGE TO KEEP IT IN WATCH LIST.
WE CAN SEE STRONG BUY ABOVE 18250 SL 17990.. IT HAS POTENTIAL TO HIT 18750, 19000.
Bottoming out, Multiple Divergence, Highly Oversold, Now No more positions are being built up according to chart. Short covering expected.
DIVERGENCE IS BEING EMERGED.
