Policy decision may trigger next move
The scrip has faced resistance at
- 66% retracement level of the earlier 5 wave down leg; and
- falling trend line from the highs
RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure.
We would be keenly watching this scrip for next leg down.
Let's see how this develops.
- 66% retracement level of the earlier 5 wave down leg; and
- falling trend line from the highs
RBI policy tomorrow, may help it to get back to 169-170 odd levels to complete the structure.
We would be keenly watching this scrip for next leg down.
Let's see how this develops.
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