Price retraced 61.8% (i.e. 215 INR) from it's current low. On a montly basis stock down -17.46%; and on weekly basis it is up 9.71%. Today stock down 2.47%
There is a opportunity to short this stock on the basis of price action.
50% retracement of previous move. Main trend is down. From the recent low stock move 3.46% on weekly basis. Now, expecting the main trend resume in upcoming week