Consolidation likely to be over by tomorrow.
The channel formed since 17th May 2018 till date is still showing intact. This an hour chart in which minor spikes are captured in the chart. The middle line is the 1/8 line, a line considered the most bullish of the angles perceived. The stock is in down trend since 02.08.2018 and has almost arrived near the bottom line. I expect the stock should touch 3985 by tomorrow which should be about the lowest point in this down move.
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