Technical Part : Stock was rejected upside after last week rally, it didn't have any price support in that trajectory, we saw the profit booking on Monday.
Some might say, it happened due to financial report but that was just a bite at the cherry.
Now stock has retraced more than 50% and heading towards 61.80%. It is Excellent Bargain Price where you can get...
OKAY GUYS SO PREVIOUSLY I SHOWED A LONG TERM SHORT POSITION. THIS IS A SHORT TERM LONG POSITION. IF IT RESPECTS THE 50.00 LEVELS AND I SEE A BULLISH CANDLESTICK CLOSURE ON THE M15 CHART WILL ENTER BUYS FOR SHORT TERM THEN EVENTUALLY ENTER FOR SELLS.