After falling to the level of 1391 in an impulse manner there is a pullback to the level of 1454 in a three waves . The pattern suggest that the stock is forming a zig-zag corrective pattern. One should go short on cmp i.e. 1430-31 with SL of 1455 & look for the tgt of 1365 zone.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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@TRADINGSUTRA @WAVESUTRA
Analyst & Co-Founder
www.tradingsutra.com
www.waveutra.com
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twitter.com/mansh_25
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@TRADINGSUTRA @WAVESUTRA