🔴 Stock broken 200 DEMA and looking most weak among other peers in current bull market.
🔴 High probability of another 10-15% correction even from current levels. 2100-2000 on way.
🔴 Bottom fishing can be suicidal at the moment. Fresh longs only when it sustain above 200 DEMA
🔴 Stock broken multi year trendline. Momentum indicators are in favor of the bears now.
🔴 After a 4 years of bull run, stock getting ready for a correction or consolidation. #Short.