and oscillators on both daily and weekly graphs are indicative of further declines.
21DMA crossing over on 7DMA has been observed, which is a continuation signal (it is evident on both daily and weekly chart).
On a broader perspectives, nothing much varied stances from daily observation but leading oscillators are approached but no trace of buying indications.
Instead, these indicators are evidencing downward convergence to the price dips.
%D crossover even below oversold zone on weekly plotting have been convincing that the selling momentum is still strong.
Keeping the ongoing trend in mind we reckon, we advocate "One touch binary put option" which are cash-or-nothing contracts for intraday speculation.
Nevertheless, short term bears can eye on shorts in near month for targets of 109.698 and 108.029 levels with stiff stop loss of 111.500 levels.