This chart & view was posted earlier, the target remains same. Price will support at this trend line bottom & the RSI is moving up in hourly chart.
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The analysis is posted in advance ,shows all the worries...
cannot hold if it break below 285.... those who are newly watching my post, please look back and see the post. todays i was expecting it to support here, as the hourly RSI was showing positive sign. But nothing will change the prime view posted earlier. will see sub 200 level now.
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At support first now grey line, with an RSI support. MACD is in bearish zone, may correct down to bottom grey trend line.
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Dalal Street , the last resort for most of the stock. it has broken the mid channel support. Next is 240 .
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going down
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Highly over sold state, a pullback towards 260 is possible now.
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completion of C is yet to be confirmed. Next resixtance 290
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