for the past 3 months stock is moving inside the range of 960 on upside and around 860 on downside
now the stock is nearing the support level
rsi is hovering between 70 to 40 during that period. this time rsi broke the crucial 40 but in the form of divergence keep it watch list stock might give big moves in coming days.
any different views????
after a 5% fall on 22nd stock attempted a pull back but not able to surpass 589 and in yesterday's trade gave up all it's gains and formed a bearish candle and trading at bb mid band, might push towards lower band if 565 levels are broken tgt is around 550/525