THIS STOCK HAS FORMED A DOUBLE TOP WITH ITS NECKLINE IN THE ZONE OF 3514 TO 3582. IF THIS ZONE IS BROKEN ON THE DOWNSIDE WE MAY EXPECT THE STOCK TO GO TOWARDS 2830 ON THE DOWNSIDE. IF IT DOESN'T BREAK AND IF IT STARTS TO TRAVEL ABOVE 3693 THEN WE MAY EXPECT A FURTHER UPSIDE.
Comment:
THE STOCK COULDN'T BREAK AND SUSTAIN ABOVE PREVIOUS DAY HIGH 3693
Comment:
BEARISH ENGULFING CANDLE ON 14TH OF MAY 2021
Comment:
Today stock has formed a hammer candle. If stock forms a bullish candle tomorrow it can be considered as a reversal