Stock is trading in the downward sloping channel and breached the support level of 2350. Stock is likely to continue its prior trend towards 2200 , hence, on any recovery stock should be short sell keeping SL of 2400 and look for the target zone of 2200 and 2100 in the coming weeks.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com
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www.instagram.com/mansh_25
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@TRADINGSUTRA @WAVESUTRA
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com
INSTAGRAM-
www.instagram.com/mansh_25
TWITTER-
twitter.com/mansh_25
YOUTUBE -
@TRADINGSUTRA @WAVESUTRA