The stock recently broke down from all critical support levels.

20 mar 2020

The stock recently broke down from all critical support levels. The pullback seen during last two sessions can be corrective nature as the stock is closing into a strong resistance level. The RSI is facing resistance at a bear extreme zone. The stock is expected to resume trend down if it fails to move above 1610 levels. The downside targets are 1110, 960 & 920. However a move above 1610 may push the stock towards 1650 levels.